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What is the value today of a money machine that will pay $4,495.00 per year for 18.00 years? Assume the first payment is made one
What is the value today of a money machine that will pay $4,495.00 per year for 18.00 years? Assume the first payment is made one year from today and the interest rate is 13.00%. Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $4,551.00 per year for 29.00 years? Assume the first payment is made 10.00 years from today and the interest rate is 6.00%. Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $3,728.00 every six months for 12.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $4,543.00 every six months for 11.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 14.00%. Answer format: Currency: Round to: 2 decimal places
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