please by financial calculator if you can . be made An investment opportunity has...
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please by financial calculator if you can .
be made An investment opportunity has the following characteristics: payments of $500 will invested into an account at the end of each year, for the next 20 years. These payments will earn an effective annual interest rate of 8%, and the interest from this account (paid at the end of each year) can be reinvested at an effective annual rate of 5%. Find the purchase price of this investment opportunity assuming an effective annual yield of 7% over the 20-year life of the investment. 1. to you and a4,88 b.4,985 .5,085 d. 5,185 e e.5,285
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