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Intro You expect to receive a one-time payment of $1,000 in 8 years and a second payment of $1,500 in 13 years. The annual interest
Intro You expect to receive a one-time payment of $1,000 in 8 years and a second payment of $1,500 in 13 years. The annual interest rate is 7%. Attempt 2/10 for 10 pts. Part 1 What is the present value of the combined cash flows? O+ decimals Submit Part 2 B Attempt 1/10 for 10 pts. If you invest the amount that you'll receive in 8 years, how much money will you have in year 13 (including the cash flow in year 13)? 0+ decimals Submit Part 3 IB Jan Attempt 1/10 for 10 pts. If you invest the amount found in part 1 for 8 years, how much will you have at the end? 0+ decimals Submit Part 4 Attempt 1/10 for 10 pts. If you invest the amount found in part 3 for another 5 years, how much will you have at the end? 0+ decimals Submit
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