please show all calculations

HOW ALL CALCULATIONS e) Your rich uncle left you an inheritance of $2.8 Million that you will get eight years from today. If interest rates are 6%, what is the value today of the inheritance? (b) What if your rich uncle instead left you an inheritance of $400,000 each year for five years. What is the value today of the inheritance if interest rates are 4%? 2 You won $70 million in the state lottery. You have a choice of receiving the $70 million prize in equal installments of $7.0 million dollars each year for ten years, or receive $55.0 million today. Which would you choose, if the current interest rate is 5%? 3 Your company has to settle a legal case. You have the choice of paying $1.3 million each year for three years or pay $3.75 million immediately. If interest rates are 3%, which 3 would you choose? 4 15 36 37 4 38 You want to take a trip around the world when you graduate college in two years. If the trip 39 will cost $40,000, how much do you have to have saved today(assuming no future savings), 40 Interest rates are 6%? 41 42 Sheet1 Sheet2 Sheets +