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Appendix G Time Value of Money 1. Ed Sheeran was thinking out loud, wondering how much he should pay for an id you tell hi
Appendix G Time Value of Money 1. Ed Sheeran was thinking out loud, wondering how much he should pay for an id you tell hi earn 6% and return a lump sum of $500,000 eight years from now. What would you tell him? 2. The are hoping to take it Eagles investment that will pay them $50,000 a year for the next 15 years. How easy. They have been given the opportunity to earn 8% on an much should The Eagles pay for this investment? e Black Eyed Peas gotta feeling that some night's gonna be a good night if they invest $25,000 now, earning 9%, so that they will have $59,184 to throw a really big party. How many years do the Black Eyed Peas have to wait to throw their party? 3. Th Pharrell is so HAPPY because he is buying a new car for $65,000. He has to make 8 equal annual payments with an interest rate of 5%. what is the amount of each payment that Pharrell will make? 4. 5. New York City issued S900.000 bonds, 10% interest, 10 year bonds to finance their Thanksgiving Day Parade. The bonds wil pay interest semi-annually. The market (discount) rate at the time of issue was what were the cash proceeds that New York City received
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