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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
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. 15 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%. Submit Answer format: Currency: Round to: 2 decimal places. Points: 0.95 / 5 Grade: 19% Progress: 20 % Hide JAN W 26 A
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