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pls answer both questions What is the value today of a money machine that will pay $6,724.00 por year for 6.00 years? Assume the firat
pls answer both questions
What is the value today of a money machine that will pay $6,724.00 por year for 6.00 years? Assume the firat payment is made today and that there are 6.0 total payments. The interest rate is 4.00%. Answer format: Currency: Round to: 2 decimal places. Derek will deposit $3,666.00 per year for 26.00 years into an account that earns 12.00%, The first deposit is made next year. How much will be in the account 38,00 years from today Step by Step Solution
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