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Calculate the present value of a $1,000,000 lump sum that will be received 10 years from now where the interest rate is 10% annually.Assume annual

  1. Calculate the present value of a $1,000,000 lump sum that will be received 10 years from now where the interest rate is 10% annually.Assume annual compounding.
  2. Calculate the present value and the future value of an annuity in arrears where the payments are 135,000 per month for 7 years and the rate is 12%.
  3. What is the investment return on a self-liquidating note purchase for $1.1 million where the remaining term is 18 years and the payment is $11,000 monthly.

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