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Financial Management Omar Mohamed 4 | 8/11/19 4:08 PM Save Homework: Chapter 5 - Additional Review Score: 5 of 15 pts 6 of 77 complete

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Financial Management Omar Mohamed 4 | 8/11/19 4:08 PM Save Homework: Chapter 5 - Additional Review Score: 5 of 15 pts 6 of 77 complete P5-56 (similar to) HW Score: 90%, 90 of 100 pts Question Help Interest rate for an annuity Personal Finance Problem Anna Washim was only injured in an industrial ident She sued the responsible parties and was awarded a judgment of $2.500.000. Today, she and her attomey are attending a conference with the defendants. The defendants have made an int e r of $172.997 per year for 22 years Anna plans to counter for at $245.000 per year for 22 years Both the other and the counteroffer have a present value of $2.500.000, the amount of the ment. Both assume payments at the end of each year a. What aresta t ion have the defendants used in their offerrounded to the nearest whole percent? b. What interest rate assumption have Anna and her lawyer used in their counterferrounded to the nearest whole percent? c. Anna is willing to settle for an annuity that came interest rate asumption of Whatual payment would be comptable to her? The Interest rate motion the defendants used in their offers found to the nearest whole percent) 2 orening

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