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A rational person would prefer which of the following cash flows. # 1 unanswered a. $5,000 per year for 10 years with the first payment
A rational person would prefer which of the following cash flows. # 1 unanswered a. $5,000 per year for 10 years with the first payment made one year from today not_submitted b. $5,000 per year for 10 years with the first payment made today Attempts Remaining: Infinity c. $50,000 paid today d. $25,000 paid today and $25,000 paid next year e. $49,000 paid today enter a, b, c, d or e Submit Answer format: Text # 2 What is the value today of a money machine that will pay $1,397.00 per year for 29.00 years? Assume the first payment is made one year from today and the interest rate is 5.00%. unanswered not submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. What is the value today of a money machine that will pay $3,555.00 per year for 27.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 13.00%. # 3 unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. # 4 What is the value today of a money machine that will pay $4,721.00 every six months for 21.00 years? Assume the first payment is made six months from today and the interest rate is 11.00%. unanswered not submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. # 5 What is the value today of a money machine that will pay $3,215.00 every six months for 19.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 9.00%. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places
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