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Derek has the opportunity to buy a money machine today. The money machine will pay...

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Accounting

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Derek has the opportunity to buy a money machine today. The money machine will pay Derek $18,389.00 exactly 8.00 years from today. Assuming that Derek believes the appropriate discount rate is 13.00%, how much is he willing to pay for this money machine? Submit Answer format: Currency: Round to: 2 decimal places. Suppose you deposit $2,609.00 into an account today that earns 14.00%. In 13.00 years the account will be worth Submit Answer format: Currency: Round to: 2 decimal places. Suppose you deposit $2,776,00 into an account today. In 12.00 years the account is worth $3,663.00. The account earned_% per year. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Suppose you deposit $1,561.00 into an account today that earns 13.00%. It will take yours for the account to be worth $2,514,00 Submit AL Answer format: Number: Round to: 2 decimal places

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