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Please do last 4 year into perpetuity. The rate of interest is expected to be 5 percent for all future time periods. How large must

Please do last 4 image text in transcribed
year into perpetuity. The rate of interest is expected to be 5 percent for all future time periods. How large must the endowment be? A) S 300,000.00 B) S3,000,000.00 C) S 750,000.00 D) $1,428,571.00 9) To pay for her college education, Gina is saving $2,000 at the beginning of each year for the next eight years in a bank account paying 12 percent interest. How much will Gina have in that account at the end of 8th year? A) $16,000.00 B) S17,920.00 C) S24,600.00 D) $27,552.00 10) S100 is received at the beginning of year 1, S200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is A) $1,536.80 B) S 672.20 C) S 814.60 D) S1,245.30 11) Find the future value at the end of year 3 of the following stream of cash flows received at the end of each year, assuming the firm can earn 17 percent on its investments. A) $20,724.00 B) S22,020.00 C) S23,550.00 D) S23,350.00 12) The present value of $1,000 received at the end of year 1 $1,200 received at the end of year 2, and S1,300 received at the end of year 3, assuming an opportunity cost of 7 percent, is A) $2,500.60 B) S3,043.40 C) S6,516.20 D) $2,856.80

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