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Show Hint What is the value today of a money machine that will pay $4,967 00 per year for 30.00 years? Assume the first payment
Show Hint What is the value today of a money machine that will pay $4,967 00 per year for 30.00 years? Assume the first payment is made 8.00 years from today and the interest rate is 13.00% w Submit Answer format: Currency. Round to: 2 decimal places What is the value today of a money machine that will pay $3,627.00 every six months for 11.00 years? Assume the first payment is made six months from today and the interest rate is 5.00% Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $2,098.00 every six months for 20.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 10.00% Submit
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
978-1259307416
