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answer correctly asap please!! A despised football coach is scheduled to make $857,800.00 per year for the next 8 years. The first payment is scheduled
answer correctly asap please!!
A despised football coach is scheduled to make $857,800.00 per year for the next 8 years. The first payment is scheduled to be made exactly one year from today. After a 3-9 record last year, the athletic department. would like to buy out the remaining 8 years of his contract. The athletic department wants to value the remaining years with a 8.00% discount No Retakes rate. The coach's agent would like to use 4.00%. What is the present value of the athletic department offer? Answer format: Currency: Round to: 2 decimal places. Derek currently has $14,548.00 in an account that pays 6.00%. He will withdraw $5,279.00 every other year beginning next year until he has taken 8.00 withdrawals. He will deposit $14548.0 every other year beginning two years from today until he has made 8.0 deposits. Exactly 20 years from today, he will deposit $22,513.00. How much will be in the No Retakes account 26.00 years from today? Answer format: Currency: Round to: 2 decimal places. Derek plans to buy a $34,475.00 car. The dealership offers zero percent financing for 60.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him to pay him $. six months from today. He can borrow money from his bank at an interest rate of 5.52%. No Retakes Answer format: Currency: Round to: 2 decimal places Step by Step Solution
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