Question: please help You are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you
You are considering two home security companies for your new house. The first company offers free installation and equipment, but will charge you $461.00 per year for the next five years. The second company charges $748.00 for Installation, but will charge you $228.00 per year for the next five years. Assume that payments are at the END of the year. Your personal Interest rate is 5.00%. What is the PV of the paid installation? (express as a negative) Submit Answer format: Currency: Round to: 2 decimal places. You have saved $25,308.00 for a three-year vacation to Germany. You will keep your money invested in an account paying 7.44% APR with monthly compounding while you live in Munich. You will make your withdrawals at the beginning of the month. How much can you withdraw each month? Submit Answer format: Currency: Round to: 2 decimal places
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