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how do i aswerthis using a calculator What is the value today of a money machine that will pay $2,084.00 per year for 15.00 years?
how do i aswerthis using a calculator
What is the value today of a money machine that will pay $2,084.00 per year for 15.00 years? Assume the first payment is made one year from today and the interest rate is 8.00%. Answer format: Currency: Round to: 2 decimal places. Attempts Remaining: Infinity What is the value today of a money machine that will pay $3,205.00 per year for 23.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 14.00%. Answer format: Currency: Round to: 2 decimal places.Step by Step Solution
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