Business, 23.09.2019 18:30 CheerA170

Investment x offers to pay you $6,200 per year for nine years, whereas investment y offers to pay you $9,000 per year for five years. a. calculate the present value for investments x and y if the discount rate is 4 percent. (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) b. calculate the present value for investments x and y if the discount rate is 14 percent. (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)

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