How much would you accept in lump sum today, in place of a lottery payment of $50,000 at the end of each of 20 years. ($1.000,000 in total), assuming you could invest it at an 8% rate? What will be the value in 20 years of $5,000 contributed at the end of each year into an IRA (individual retirement account) which pays 8%? What should you be willing to pay today for a contract to receive $50,000 in 10 years assuming an 8% interest rate? How much will $100,000 invested in a 5-year 8% CD be worth at maturity? What rate of interest am 1 paying if my monthly payment is $400.00 on a $1 5,000 loan to be paid off in 4 years? How much will my annual payments be on a $15,000 loan at 12% interest, to be paid off in 4 years? How much will my monthly payments be on a $15,000 loan at 12% interest, to be paid off in 4 years? How long will it take me to save $13,816.45 if 1 make annual payments of $1,000 at 7%? Which of the following provides the greatest effective annual interest rate