Question: please solve as quick as possible You just won the grand prize in a debate contest! As your prize, you will receive $506 a month

You just won the grand prize in a debate contest! As your prize, you will receive $506 a month for 49 months. If you can earn 7 percent (annually) on your money, what is this prize worth to you today? Instruction: Enter your response rounded to two decimal places. You just obtained a loan of $20,873 with monthly payments for four years at 8.88 percent interest, compounded monthly. What is the amount of each payment? Instruction: Enter your response rounded to two decimal places
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