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Hyou win a prize which wil pay you $100 each year forever, what is the equinalant vilue of the entive prize today, fithe interest rate
Hyou win a prize which wil pay you
$100
each year forever, what is the equinalant vilue of the entive prize today, fithe interest rate is 10 s?\ A. 5900\ B. 8800\ C.
$1000
\
0.$130
\
$1500
You are planning to buy your dream house in five years. If at that time, the house costs for $200,000 and it requires 20% down payment , how much monthly saving do you need to deposit for the next 5 years in order to have just enough money to cover the down payment on your dream house ? Assume the interest rate is 6% $480.36 OB. $ 490.67 . $ 538.19 OD. $573.31 . $ 602.82
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