Question: How do you do 4b? Waitis evaluating an investment that will provide the following returns at the end of each of the following yourse5122000 year

How do you do 4b? How do you do 4b? Waitis evaluating an investment that will provide

Waitis evaluating an investment that will provide the following returns at the end of each of the following yourse5122000 year 2. $10,200 year 3. $7.700;year 4. $5,200 year 5 $2.700;year 6. 50; and year 7 $2.700. Wait beleves that he should com 12 percent compounded annually on this investment Required: a. How much should he pay for this investment? b. How much should he pay if he expects to earn an annual return of 9 percent compounded monthly? (For all requirements, do not round PV factors and round your other intermediate calculations and final answer to the nearest whole dollar amount.) es 35,533 a Value of investment at 12% b Value of investment at 9%

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