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please show how to solve in financial calculator please show how to solve in financial calculator 1. You just won a law suit. You will

please show how to solve in financial calculator image text in transcribed
please show how to solve in financial calculator
1. You just won a law suit. You will receive $1 million today plus another 10 annual payments that increase by $275,000 per year. Thus, in one year you receive $1.275 million. In two years, you get $1.55 million, and so on. If the appropriate interest rate is 8 percent, what is the present value of the settlement? 2. Suppose you are going to receive $20,000 per year for five years. The appropriate interest rate is 7 percent a. What is the present value of the payments if they are in the form of an ordinary annuity? What is the present value if the payments are an annuity due? b. Suppose you plan to invest the payments and withdraw the money in 10 years. What is the future value if the payments are an ordinary annuity? What if the payments are an annuity due

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