Question: answer for 23 & 24 Question 23 1 pts You're offered an investment that promises to pay you $9,888 per year for 25 years. However,
Question 23 1 pts You're offered an investment that promises to pay you $9,888 per year for 25 years. However, it will be 4 years before you receive the first payment. If you require an 12% return, what is this opportunity worth? (Enter the absolute value of your answer to two decimal places, ex: 123.45 instead of -123,45) Question 24 1 pts Today you invest $421 in an account paying 11% interest. What will your account balance be in 9 years time? (Enter the absolute value of your response to 2 decimal places. Ex: 123.45 instead of -123.5)
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