#$2$

Derek will deposit $$4,402\mathrm{.}00$ per year for $17\mathrm{.}00$ years into an account that earns $5\mathrm{.}00\%.$ The first deposit is made next year. How much will be

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in the account $17\mathrm{.}0$ years from today?

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Attempts Remaining:

Infinity

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

#$3$ Derek will deposit $$2,172\mathrm{.}00$ per year for $20\mathrm{.}00$ years into an account that earns $18\mathrm{.}00\%,$ The first deposit is made next year. How much will

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be in the account $40\mathrm{.}00$ years from today?

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Attempts Remaining:

Infinity

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

#$4$ Derek will deposit $$1,801\mathrm{.}00$ per year for $9\mathrm{.}00$ years into an account that earns $8\mathrm{.}00\%.$ The first deposit is made today. How much will be in the

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account $9\mathrm{.}0$ years from today? Note that he makes $9\mathrm{.}0$ total deposits.

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$$ Attempts Remaining:

Infinity

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

#$5$ Derek will deposit $$1,410\mathrm{.}00$ per year into an account starting today and ending in year $20\mathrm{.}00.$ The account that earns $7\mathrm{.}00\%.$ How much will be in the account $20\mathrm{.}0$ years from today?

$$ Attempts Remaining: Infinity

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

#$6$

Derek has the opportunity to buy a money machine today. The money machine will pay Derek $$44,306\mathrm{.}00$ exactly $9\mathrm{.}00$ years from today. Assuming that Derek believes the appropriate discount rate is $15\mathrm{.}00\%,$ how much is he willing to pay for this money machine?

Attempts Remaining:

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