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please answer all parts for the three following questions Problem 7-27 A $700,000 state lottery prize is spread evenly over fourteen years ($50,000 a year)

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Problem 7-27 A $700,000 state lottery prize is spread evenly over fourteen years ($50,000 a year) (Alternative 1), or you may take a lump distribution of $581,000 (Alternative 2). If you can earn 8 percent, calculate the present values of both alternatives. Use Appendix D to answer the question. Round your answers to the nearest dollar. PV(Alternative 1): $ PV (Alternative 2): 5 Which alternative is better? -Select- A 40-year-old woman decides to put funds into a retirement plan. She can save $1,000 a year and earn 7 percent on this savings. How much will she have accumulated if she retires at age 657 Use Appendix C to answer the question. Round your answer to the nearest dollar. $ At retirement how much can she withdraw each year for 25 years from the accumulated savings if the savings continue to earn 7 percent? Use Appendix D to answer the question. Round your answer to the nearest dollar Year 3 A company has two investment possibilities, with the following cash inflows: Investment Year 1 Year 2 $1,600 1,800 2,200 $1,200 1,200 1,200 If the firm can earn 8 percent in other investments, what is the present value of investments A and B7 Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar. PV (Investment A): $ PV (Investment): If each investment costs $4,000, is the present value of each investment greater than the cost of the investment? The present value of investment As Select- the cost. The present value of investment B -Select the cost greater than

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