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Investment A offers to pay you $4,200 per year for nine years, whereas Investment Y offers

Investment X offers to pay you $4,200 per year for nine years, whereas Investment Y offers to pay you $6,300 per year for five years.

 

Calculate the present value for Investments A and B if the discount rate is 6 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Calculate the present value for Investments X and Y if the discount rate is 16 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Investment X offers to pay you $4,200 per year for nine years, whereas Investment Y offers to pay you $6,300 per year for five years.

Dec 04 2019 View more View Less

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