Question: Question 47 1 pts Suppose a Purple Turtle note will pay $106,450 ten years from now. If the going interest rate on safe 12 -year

Question 47 1 pts Suppose a Purple Turtle note will pay $106,450 ten years from now. If the going interest rate on safe 12 -year note is 4.53%, how much is the note worth today? $106,450 $62,554 None of these are correct $65,001 $2,349,890 Question 48 You are given $9870 today. In three years, you expect to have $13,500 in your account. Find th interest rate you will need to invest to achieve the desired return. 10% 9.75% None of these are correct 12.99% 11%

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