Question: just question #5 please Derek will deposit $1,870.00 per year into an account starting today and ending in year 17.00. The account that earns 11.00%.

just question #5 please just question #5 please Derek will deposit $1,870.00 per year into an

Derek will deposit $1,870.00 per year into an account starting today and ending in year 17.00. The account that earns 11.00%. How much will be in the account 17.0 years from today? Answer format: Currency: Round to: 2 decimal places. Attempts Remaining: Infinity Derek has the opportunity to buy a money machine today. The money machine will pay Derek $36,292.00 exactly 14.00 years from today. Assuming that Derek believes the appropriate discount rate is 7.00%, how much is he willing to pay for this money machine

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