Following her 18th birthday, Madison began investing $26 at the end of each week in an...

Following her 18th birthday, Madison began investing $26 at the end of each week in an account earning 6% per year. She plans to continue making weekly investments until she turns 68. If she hadn't started investing until she turned 48, how much would she have to invest each week in order to have the same retirement nest egg at age 68? Round to the nearest cent.

An asset is projected to generate 12 annual cash flows of $7,000 starting 5 years from today. If the discount rate is 11%, how much is this asset worth today? Round to the nearest cent.

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jeff jeffy answered 1 year ago

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