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What is the value of an investment pays

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Reference no: EM132383030

What is the value of an investment that pays $25,000 every other year forever, if the first payment occurs one year from today and the discount rate is 9 percent compounded daily? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

What is the value today if the first payment occurs four years from today? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Reference no: EM132383030

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