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Intro Google has made an offer to buy your start-up. As long as you keep working for the firm, Google promises to pay you the

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Intro Google has made an offer to buy your start-up. As long as you keep working for the firm, Google promises to pay you the following amounts over the next 5 years, at the end of each year. Year Payment 500,000 600,000 700,000 700,000 750,000 You think that your company is worth $200,000 more than the total offered value. You also want to receive $1,000,000 right now and prefer a monthly payment to an annual payment for the remaining amount, with the first monthly payment occuring one month from now. The annual interest rate is 9% (EAR). Part 1 IBI Attempt 1/10 for 10 pts. If Google agrees to your terms, how much can you expect per month? No decimals Submit Intro Find the present values of these ordinary annuities. IB-Attempt 3/10 for 8 pts. What is the present value of $3,000 per month for one year with an annual interest rate of 7.2% (APR with monthly compounding)? No decimals Submit Part 2 8 Attempt 2/10 for 8 pts. What is the present value of $8,000 per quarter for 8 years with an annual interest rate of 7.2% (APR with quarterly compounding)? decu Submit

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