Question: supposed to get the answer then say why the problems are similar. thank you ! Sam I Am invests $137,000 today at 12% per annum,

Sam I Am invests $137,000 today at 12% per annum, compounded quarterly. What will the balance of Sam's investment be in 9 years? (Round your answer to the nearest penny.) Answer: What is the present value of the following set of cash flows if the discount rate is 14.7%? (the cash flows occur at the end of each period) (round answer to nearest penny and enter in the following format 12345,67) Year O cash flow =-2300 (a negative cash flow) Year 1 cash flow = 300 Year 2 cash flow = 500 Year 3 cash flow = 2400 Year 4 cash flow = 900
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