Question: I really need the formulas for each questions !! formula which is blank! with no number, just symbols. I want to know how you get
# 2 What is the value today of a money machine that will pay $3,113.00 per year for 14.00 years? Assume the first payment is made one year from today and the interest rate is 12.00%. Submit Answer format: Currency: Round to: 2 decimal places. 3 What is the value today of a money machine that will pay $3,979.00 per year for 16.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 15.00%. Submit Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $3,877.00 every six months for 13.00 years? Assume the first payment is made six months from today and the interest rate is 7.00%. Submit Answer format: Currency: Round to: 2 decimal places. Atte What is the value today of a money machine that will pay $4,069.00 every six months for 27.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 9.00%. Submit Answer format: Currency: Round to: 2 decimal places. Atten
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