* )-1]500 1 + 10 . 5 % /[820 ( 10 . 5 % ]500= 1 - 0 . 1357546 0 . 105/[ *500* 8 . 23090894 , 115 , 4545 = $ 4 , 115 . 45 D E F G H What is the present value (PV) of a 12-year lease arrangement with an interest rate of 7.5 percent that requires annual payments of $4.250 per year with the first payment being due now? Answer: A recent college graduate hopes to have $200.000 saved in their retirement account 25 years from now by contributing $150 per month in a 401(k) plan. The goal is to earn 10% mally on the monthly contribution. Will they have the $200.000 at the end of the 25 years ASH'er O Type rere to search * ( 2 "( * || /( ( || || || || || | | | Styles * fx 500*[1-(1+10.5%)*20]/10.5%=500[1-0.1357546]/0.105=500*8.23090894,115.4545-,115,45 DIE G H What is the present value (PV) of a 12-year lease arrangement with an interest rate of 7.5 percent that requires annual payments of $4,250 per year with the first payment being due now? Answer: A recent college graduate hopes to have $200.000 saved in their retirement account 25 years from now by contributing ISO per month 4010) plan. The goal is to em 10% annually on the monthly contribution. Will they have the $200.000 at the end of the 25 years? Answer: W W Data Wawet 19 O Type here to search | meri am / ( s/( / (