Question: a https://citlearn.blackboard.com/... QUESTION 2 7 points Save Ans You have the opportunity to purchase an investment that will pay $1,188,331 at the end of 28

a https://citlearn.blackboard.com/... QUESTION 2 7 points Save Ans You have the opportunity to purchase an investment that will pay $1,188,331 at the end of 28 years. If your required rate of return on this investment is 11%, what is the maximum amount you should be willing to pay for it? State your answer to the nearest whole dollar QUESTION 3 7 points Save Answer Your grandparents deposited $19,126 for you when you were born 23 years ago. Today, the account (to which no other deposits have been made) is worth $234,972. What annually compounded rate of return has the account earned? State your answer as a percentage to 2 decimal places (i.e. xx.xx)

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