Question: Problem 4 - 4 5 Comparing Cash Flow Streams You have your choice of two investment accounts. Investment A is a 1 4 - year

Problem 4-45 Comparing Cash Flow Streams
You have your choice of two investment accounts. Investment A is a 14-year annuity that features end-of-month $2,000 payments and has an APR of 8.5 percent compounded monthly. Investment B is a lump-sum investment with an interest rate of 8 percent compounded continuously, also good for 14 years. How much money would you need to invest in Investment B today for it to be worth as much as Investment A 14 years from now? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)

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