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Nick invested 2,600 in a bank savings account today and another 2,719 a year from now. If the bank pays interest of 8 percent per

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Nick invested 2,600 in a bank savings account today and another 2,719 a year from now. If the bank pays interest of 8 percent per year, how much money will Nick have at the end of two years? (Round to 2 decimal places) Ransport Company has made an investment in another company that will guarantee it a cash flow of 36,849 each year for the next 5 years. If the company uses a discount rate of 15 percent on its investments, what is the present value of this investment? (Round to 2 decimal places.)

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