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Financial Management I need the answer for (( ALL THE QUESTIONS)) please! please do not answer if you are not sure. Your uncle has said
Financial Management
I need the answer for (( ALL THE QUESTIONS)) please!
please do not answer if you are not sure.
Your uncle has said that if you agree to finish college he will give you equal payments of $3,000 at the end of each year for the next eight years. If the annual interest rate stays constant at 5%, what is the value of these payments in today's dollars? Round your answer to the nearest whole doilar. $16,482 $19,390$20,360$24,238 You found out that now you are going to recelve payments of $9,500 for the next 14 years. You will recelve these payments at the beginning of each year. The annual interest rate will remain constant at 15%. What is the present value of these payments? Round your answer to the nearest whoie dowar. $62,540 $54,383$50,032 $84,429Step by Step Solution
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