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Please use a financial calculator to solve these. Thank you ! What is the value today of a money machine that will pay $3,928,00 per
Please use a financial calculator to solve these. Thank you !
What is the value today of a money machine that will pay $3,928,00 per year for 31.00 years? Assume the first payment is made today and that there are 31.0 total payments. The interest rate is 5.00%. Attempts Remaining Answer format: Currency. Round to 2 decmal places. Infinity Derek will deposit \$4,173 00 per year for 14,00 years into an account that earns 1400% The first deposit is made next year. How much will be in the account 14.0 years from today? Attempts Remaining: Answer format: Curtency: Round to: 2 docimal places. infinity Derek will deposit $2,140.00 per year for 19.00 years into an account that earns 18.00%, The first deposit is made next year How much will be in the account 3500 years from today? Attempts Remaining Infinity Answer format: Currency: Round to: 2 decimal places. Derek will deposit $1,460.00 per year for 13.00 years into an account that earns 1500%. The first deposit is made today. How much will be in the account 13.0 years from today? Note that he makes 130 total deposits. Attempts Remaining Infinity Answor format: Currency: Round to: 2 decimal places Derek will deposit $1,097.00 per year into an account starting today and ending in year 21.00. The account that earns 14.00%. How much will be in the account 21.0 years from today? Attempts Remaining Infinity Answer format: Currency. Round to. 2 decimal places. Derek has the opportunity to buy a money machine today. The money machine will pay Derek $36,668.00 exactly 17.00 years from today. Assuming that Derek believes the appropriate discount rate is 10.00%, how much is he willing to pay for this money machine Step by Step Solution
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