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P4A.8 (similar to) Question Help The following table. . lists the lump sum payout, the timing of that payout, and the discount rate associated with
P4A.8 (similar to) Question Help The following table. . lists the lump sum payout, the timing of that payout, and the discount rate associated with five different investments. Calculate the present value of each investment The present value, PV, of the future sum of Investment A is $ I (Round to the nearest cent.) 11% Investment Future Sum Discount Rate Payout at End of Year $5,000 7% $32,000 2% $11,000 $150,000 6% $40,000 25% (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Print Done P4A. 10 (similar to) 3 Question Help A Florida state savings bond can be converted to $1.000 at maturity 9 years from now. If the state bonds are to be competitive with U.S. savings bonds, which pay 5% interest compounded annually, at what price will the state's bonds sell? At what price would the bond sell if U.S. savings bonds were paying 7% interest compounded annually? Compare your answers. . (Round to the If U.S. savings bonds were paying 5% interest compounded annually, the current price, PV, of the state bonds is $ nearest cent.)
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