Question: Derek will deposit $ 1 , 5 0 6 . 0 0 per year into an account starting today and ending in year 1 7
Derek will deposit $ per year into an account starting today and ending in year The account that earns How much will be in the account years from today?
Answer format: Currency: Round to: decimal places.
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $ exactly years from today. Assuming that Derek believes the appropriate discount rate is how much is he willing to pay for this money machine?
Answer format: Currency: Round to: decimal places.
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