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$1,875.00 annuity that pays $500 at the end of every six months $2,343.75 annuity that pays $1,000 at the beginning of each year $3,55133 annuity

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$1,875.00 annuity that pays $500 at the end of every six months $2,343.75 annuity that pays $1,000 at the beginning of each year $3,55133 annuity selling at $6,456.97 today that prorleses to make equal payments at the beginning of each year for the next four years (N). If $2,718.75 Jappropriate interest rate (1) remains at 11.00% during this time, then the value of the annual annuity payment (PMT) is You just won the lottery. CongratulationsThe jackpot is $35,000,000, paid in four equal annual payments. The first payment on the lottery jackpot will be made today. In present value terms, you really won - assuming annual interest rate of 11.00% $41,210,146.250 You bought an annuity selling at $6,456.97 today that pron payments at the beginning of each year for the next four years (N). If $30,132,503.76 the annuity's appropriate interest rate (1) remains at 11.00 Then the value of the annual annuity payment (PMT) is 545,743,262.338 $27,146,399.78 You just won the lottery. Congratulations The jackpot is $3L bur equal annual payments. The first payment on the lottery jackpot will be made today. In present value terms, you really won w ent value terms, you really won -assuming annual interest rate of 11.00% S 4,743,262,338

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