Question:What is the value today of a money machine that will pay
$2,371.00 per year for...
Question
What is the value today of a money machine that will pay
$2,371.00 per year for...
What is the value today of a money machine that will pay
$2,371.00 per year for 29.00 years? Assume the first payment is
made 10.00 years from today and the interest rate is 15.00%.
Submit
Answer format: Currency: Round to: 2 decimal places.