Question
14)What is the current value of $35,152 that you paid 4015 days ago? The EAR is 12.61%. Group of answer choices A) $129,806.54 B) $172,274.77
14)What is the current value of $35,152 that you paid 4015 days ago? The EAR is 12.61%.
Group of answer choices A) $129,806.54 B) $172,274.77 C) $129,806.54 D) $172,274.77
15) What is the current value of $6,678 that you paid 84 quarters ago? The EAR is 7.34%.
Group of answer choices A) $10,964.22 B) $29,555.60 C) $29,555.60 D) $10,964.22
16)
Martica owns a perpetuity that pays $557 monthly that grows at 2.03% and has a market discount rate of 11.07% EAR. Additionally, they have access to a quarterly annuity that pays out $756 for 13 years. Both made their most recent payment yesterday and share a discount rate. What is the value of the perpetuity in 6 years?
Group of answer choices A) $206,094.62 B) $59,040.58 C) $306,658.03 D) $78,324.26 E) $109,770.59 F) $31,446.33
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