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ANWSER ALL! #1 O # 2 O # 3 O A rich aunt has promised you $2,750.00, one year from today. In addition, each year
ANWSER ALL!
#1 O # 2 O # 3 O A rich aunt has promised you $2,750.00, one year from today. In addition, each year after that, she has promised a payment (on the anniversary of the last payment) that is 2.00% larger than the last payment. She will continue to show this generosity for 25 years, giving a total of 25 payments. If the interest rate is 10.00%, what is her promise worth today? Answer format: Currency: Round to: 2 decimal places. Show Hint Submit A new father plans on saving for his daughter's college education. He will donate $900.00 on her first birthday. After that, he will increase his donation by 3.00% each year and will make his last contribution on her 18th birthday. If he can earn 9.00% each year in his investment account, how much will his daughter's college fund be worth on her 18th birthday? Show Hint Answer format: Currency: Round to: 2 decimal places. Submit A company generates $91,332.00 in cash flow per year. If investors want a 10.00% annual return to buy the company, how much are they willing to pay? Let's assume the company will last forever for valuing the opportunity. Show Hint Submit Answer format: Currency: Round to: 2 decimal places. unanswered not submitted Attempts Remaining: Infinity > unanswered not_submitted Attempts Remaining: Infinity G unanswered not submitted Attempts Remaining: Infinity
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