Question: David Stephens has made an investment that will pay him $11,455, $16,376, $19,812, and 10,450 at the end of the next four years. His

David Stephens has made an investment that will pay him $11,455, $16,376,

$19,812, and 10,450 at the end of the next four years. His

investment was to fetch him a return of 14 percent. What is

David Stephens has made an investment that will pay him $11,455, $16,376, $19,812, and 10,450 at the end of the next four years. His investment was to fetch him a return of 14 percent. What is the value of his investment today? (Round to the nearest dollar.) Shawn Bowker invested $8,000 in a money market account that will pay 5.25 percent compounded monthly. How much will the interest on interest be after two years? FXY Inc. has forecast earnings of $133,245, $152,709, $161,554, and $200,760 for the next four years. How much will these earnings be worth in four years if the firm's opportunity cost is 8.4 percent? (Round to the nearest dollar.)

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