of the How much IS the perne tuity of $1,000 worth than an annuity of the some amount te 20 years assuming interest rate of 2.10 and that cash flows happen at the end period. 2 Lottery prizes are often not worth as mich ay oled What is present value of a prize of 5,000,000 that reived yearly an equal geoply installments with the hist payusus beginning today? Assume an interest eate bf You believe you will spand 840,000 a year for yours you retire many years will you afford to retre it interest rate 6% sane 840,000 per the se fo 80 IL Th how 10 oyce year! CUL and you 15