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Assuming a discount rate of 6%, what is the present value of 100,000 per year for 12 years if the payments occur at the beginning
Assuming a discount rate of 6%, what is the present value of 100,000 per year for 12 years if the payments occur at the beginning of each period?
Question 9 options:
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$804,849
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$838,384
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$888,687
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$789,423
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$729,394
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You are considering and investment that will pay you $9,500 per month for 6 years. You want to earn a minimum rate of return of 8.25 percent. What is the most you are willing to pay to purchase this investment?
Question 10 options:
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$476,252
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$531,079
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$505,790
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$538,074
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$485,558
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