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What is the value today of a money machine that will pay $1,000.00 per year for 16.00 years? Assume the first payment is made one
What is the value today of a money machine that will pay $1,000.00 per year for 16.00 years? Assume the first payment is made one year from today and the interest rate is 12.00%. Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $2,214.00 per year for 24.00 years? Assume the first payment is made 10.00 years from today and the interest rate is 6.00%. Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $4,962.00 every six months for 17.00 years? Assume the first payment is made six months from today and the interest rate is 10.00%. Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $2,007.00 every six months for 14.00 years? Assume the first payment is made 1.00 years from today and the interest rate is 13.00
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