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Investment X offers to pay you $3,728 per year for 9 years, whereas Investment Y offers to pay you $4,690 per year for 5 year
What are the annual cash flows (in $) of an annuity for 14 years, which costs $33,721 today, if the discount rate is 5.2 perc
If the EAR = 6.2 percent, and there are 90 compounding periods per year, what is the APR (in percent)? Answer to two decimals
You want to save (deposit) $5.499 per year, starting next year, to make a down payment of $80,830 on a vacation home. If you
You buy an ordinary annuity today for $144,052, which promises to pay you $14,632 per year. If the interest rate is 7.32 perc
You want to buy a new sports car for $90,608. The contract is in the form of a 56- month annuity due at a 7.13 percent APR. W

PLEASE ANSWER EVERYTHING ASAP THANK YOU!!!
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Answer #1

PV of investment X

PV of investment Y

Dollar difference = 26,193.8350096426 - 20,160.1330642776

Dollar difference = $6,033.70

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