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Please Answer Question 1 A - C DOWN BELOW THANK YOU ! Derek will deposit $2,581.00 per year for 23.00 years into an account that
Please Answer Question 1 A - C DOWN BELOW THANK YOU !
Derek will deposit $2,581.00 per year for 23.00 years into an account that earns 6.00%. The first deposit is made today. How much will be in the account 23.0 years from today? Note that he makes 23.0 total deposits. Submit Answer format: Currency: Round to: 2 decimal places. Derek will deposit $2,928.00 per year into an account starting today and ending in year 12.00. The account that earns 13.00%. How much will be in the account 12.0 years from today? Submit Answer format: Currency: Round to: 2 decimal places. Derek has the opportunity to buy a money machine today. The money machine will pay Derek $28,960.00 exactly 3.00 years from today. Assuming that Derek believes the appropriate discount rate is 5.00%, how much is he willing to pay for this money machine? Submit Answer format: Currency: Round to: 2 decimal places
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