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If the current rate of interest is 7.5%, then the present value (PV) of an investment that pays 51000 per year and lasts 8 years

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If the current rate of interest is 7.5%, then the present value (PV) of an investment that pays 51000 per year and lasts 8 years is iclasest to Note. Express youranswers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer:" QUESTION 9 A rich konor gives a hospital \$15000 one year from today. Each year after that, the hospital will recelve a payment 296 larger than the previous payment with the last payment occurring in 6 years' time. What is the present value (PV) of this donation, given that the interest rate is 646? Note: Express your answers in strictly numerical terms. For example, if the answer is 5% chter 0.05 as an answer." QUESTION 10 "Assume that you are 45 years old today, and that you are planning on retirement at age 65 . Your current salary is $130000 and you expect your salary to increase at a rate of 3% per year as long as you work To save for your retirement, you plan on making annual contributions to retirement account. Your first contribution will be made on your 46 st birthday and will be 7% of this year's salary. You expect to deposit 7\% of your salary each year until you reach age 65 . Assume that the rate of interest is 5% The present value (PV). (at age 45 ) of your cetirernent savings is 5500 , write enter 500 as an answer." Note: Express your answers in strictly numerical terms. For example, if the answer is If the current rate of interest is 7.5%, then the present value (PV) of an investment that pays 51000 per year and lasts 8 years is iclasest to Note. Express youranswers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer:" QUESTION 9 A rich konor gives a hospital \$15000 one year from today. Each year after that, the hospital will recelve a payment 296 larger than the previous payment with the last payment occurring in 6 years' time. What is the present value (PV) of this donation, given that the interest rate is 646? Note: Express your answers in strictly numerical terms. For example, if the answer is 5% chter 0.05 as an answer." QUESTION 10 "Assume that you are 45 years old today, and that you are planning on retirement at age 65 . Your current salary is $130000 and you expect your salary to increase at a rate of 3% per year as long as you work To save for your retirement, you plan on making annual contributions to retirement account. Your first contribution will be made on your 46 st birthday and will be 7% of this year's salary. You expect to deposit 7\% of your salary each year until you reach age 65 . Assume that the rate of interest is 5% The present value (PV). (at age 45 ) of your cetirernent savings is 5500 , write enter 500 as an answer." Note: Express your answers in strictly numerical terms. For example, if the answer is

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