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Posted on Jul 14, 2024

What is the value today of receiving $1,774.00 per year forever? Assume the first payment is made next year and the discount rate is 11.00%.

Answer format: Currency: Round to: 2 decimal place

Suppose you deposit $2,951.00 into an account today that earns 13.00%. In 10.00 years the account will be worth $________.

Answer format: Currency: Round to: 2 decimal places.

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