Question 5 (1 point) Suppose that you deposit $710 in the bank at the end of each of the next 10 years. If the APR is 2% how much will be in your account at the end of 10 years

12.) Suppose you own two assets with the following payouts. (1) $550 at the end of every year starting 1 year from now. The annual cost of capital for these cash flows is 9%. (2) $350 one year from now and a cash flow that is 2% larger than the prior cash flow every year thereafter. The annual cost of capital for these cash flows is 7%. What is the weighted average cost of capital of this two asset portfolio? (enter your answer as a percent, e.g. 2.51. Do not include the "%" sign)