can you answer these questions

Ch 05: Assignment - Time Value of Money 15. More on the time value of money Lloyd Is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a professional organization for divorce attorneys. The membership dues for the ADLA are $900 per year and must be paid at the beginning of each year. For instance, membership dues for the first year are paid today, and dues for the second year are payable one year from today. However, the AOLA also has an option for members to buy a lifetime membership today for $4,500 and never have to pay annual membershiedus AZ Obviously, the lifetime membership isn't a good deal if you only remain a member for a couple of years, but if you remain member for down a great deal. Suppose that the appropriate annual interest rates. What is the minimum number of years that woyd more on a member the ADLA so that the lifetime membership is cheaper on present value basis) than paving $500 in animal membership does (Note: Round your answer up to the nearest year) 15 years 19 years 17 years 20 years In 1526Dutchman Peter Minuit purchased Manhattan Island from a local Native American tribe Historias estimate that the price paid for the Island was about 20 worth of goods, Indoding bends trinkets, doth Katries, and and Many people find it be that Manhattan Island would be sold for 324. but you need to consider the future value of the price in mare current times of the fourchase price could have been Invested annual interest rates of 2013 2 613 PM 9/25/2021 55F Clear 5535 547 030.80 In 1626, Dutchman Peter Minuit purchased Manhattan Island from a local Native American tribe. Historians estimate that the price he paid for the Island was about $24 worth of goods, including beads, trinkets, coth, kettles, and axe heads. Many people find it laughable that Manhattan tiland would be sold for $24, but you need to consider the future value (FV) of that price in more current times. If the 24 purchase price could have been invested at a 4.5% annual interest rate, what is its value as of 2018 (192 years later) $635,647,030.80 5859.993,041.65 5747.820,036 24 5987.122.447.34