Question
What is the value today of a money machine that will pay $4,767.00 every six months for 11.00 years? Assume the first payment is made
What is the value today of a money machine that will pay $4,767.00 every six months for 11.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 12.00%.
What is the value today of a money machine that will pay $3,781.00 every six months for 23.00 years? Assume the first payment is made 2.00 years from today and the interest rate is 14.00%.
Answer format: Currency: Round to: 2 decimal places.
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Crypto Asset Investing In The Age Of Autonomy
Authors: Jake Ryan
1st Edition
1119705363, 978-1119705369
