Derek will deposit $1,001.00 per year for 17.00 years into an account that earns 12.00%....
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Derek will deposit $1,001.00 per year for 17.00 years into an account that earns 12.00%. The first deposit is made today. How much will be in the account 17.0 years from today? Note that he makes 17.0 total deposits. Submit Answer format: Currency: Round to: 2 decimal places. unanswered not submitted Attempts Remaining: Infinity #5 Derek will deposit $1,196.00 per year into an account starting today and ending in year 16.00. The account that earns 4.00%. How much will be in the account 16.0 years from today? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: Infinity #6 Derek has the opportunity to buy a money machine today. The money machine will pay Derek $32,958.00 exactly 17.00 years from today. Assuming that Derek believes the appropriate discount ra is 6.00%, how much is he willing to pay for this money machine
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