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#11 Derek has the opportunity to buy a money machine today. The money machine will pay Derek $29,606,00 exactly 12.00 years from today. Assuming that

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#11 Derek has the opportunity to buy a money machine today. The money machine will pay Derek $29,606,00 exactly 12.00 years from today. Assuming that Derek believes the appropriate discount rate is 14.00%, how much is he willing to pay for this money machine? Submit Answer format: Currency: Round to: 2 decimal places. a12 Suppose you deposit $1,002.00 into an account 6.00 years from today. Exactly 20.00 years from today the account is worth $1,769.00. What was the account's interest rato? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Wil accept decimal format rounded to 5 decimal places (ex: 0.09243) 1 Suppose you deposit $1,068.00 into an account 7.00 years from today that earns 10.00%. It will be worth $1,944,00 years from today Submit Answer format: Number: Round to: 2 decimal places

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