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hat is the value today of a money machine that will pay $1,160.00 per year for...

hat is the value today of a money machine that will pay $1,160.00 per year for 21.00 years? Assume the first payment is made 10.00 years from today and the interest rate is 15.00%.

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#4

What is the value today of a money machine that will pay $3,902.00 every six months for 26.00 years? Assume the first payment is made six months from today and the interest rate is 10.00%.

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#5

What is the value today of a money machine that will pay $2,068.00 every six months for 17.00 years? Assume the first payment is made 3.00 years from today and the interest rate is 5.00%.

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