What is the value of an investment that pays

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What is the value of an investment that pays $54,000 every other year forever, if the first payment occurs one year from today and the discount rate is 18 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)) Value today $ 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)) Value today $

Reference no: EM13721020

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