What is the value today of a money machine that will pay $3,498.00 per year...
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What is the value today of a money machine that will pay $3,498.00 per year for 17.00 years? Assume the first payment is made today and that there are 17.0 total payments. The interest rate is 13.00%. Submit Answer format: Currency: Round to: 2 decimal places. Derek will deposit $684.00 per year for 22.00 years into an account that earns 14.00%. The first deposit is made next year. How much will be in the account 22.0 years from today? Submit Answer format: Currency: Round to: 2 decimal places
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