Question: 8 Problem 5-51 Comparing Cash Flow Streams [LO 1) points Skipped You have your choice of two Investment accounts. Investment A is a 6-year annuity

8 Problem 5-51 Comparing Cash Flow Streams [LO 1) points Skipped You have your choice of two Investment accounts. Investment A is a 6-year annuity that features end-of-month $2,380 payments and has an interest rate of 10 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an interest rate of 12 percent, also good for 6 years. How much money would you need to invest in 8 today for it to be worth as much as Investment A 6 years from now? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook Print References Present value

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