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Mike Girvin has developed and copyrighted Excelisfun , a Microsoft Excel tutorial software designed for professional business employees and entrepreneurs to understand Power Query and
- Mike Girvin has developed and copyrighted Excelisfun, a Microsoft Excel tutorial software designed for professional business employees and entrepreneurs to understand Power Query and Power Pivot Data Modeling. Mike leases rights to the software to Columbia University for 10 annual payments of $3,500 at the end of each year. The payments will begin four years from today. If the market rate of interest is 6%, what is the present value of the payments?
- Chicago Equity Partners plans to accumulate $46,275,255 towards structuring a real estate investment trust by depositing $1,500,000 at the end of each year with JPMorganChase. If Chicago Equity Partners earns 16% compounded annually on the deposited funds, how many deposits must it make?
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