The investment has an annual return of 1088 percent what is, Financial Management

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The investment has an annual return of 1088 percent what is

1. Tanner owns an investment that is expected to pay him 7,720 dollars per quarter forever with the next payment of 7,720 dollars expected in 3 months from today. The investment has an annual return of 10.88 percent. What is the value of the investment?

2. Lena plans to invest 6,200 dollars in 6 year(s) and 8,400 dollars in 5 year(s). She expects to earn 15.56 percent, compounded quarterly. How much money does Lena expect to have in 8 years?

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