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Problem 6-5 (Part Level Submission) Julia Baker died, leaving to her husband John an insurance policy contract that provides that the beneficiary (John) can choose
Problem 6-5 (Part Level Submission) Julia Baker died, leaving to her husband John an insurance policy contract that provides that the beneficiary (John) can choose any one of the following four options. Money is worth 2.50% per quarter, compounded quarterly. Compute Present value if: Click here to view factor tables (a) x Your answer is incorrect. Try again. (a) $55,260 immediate cash. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Present value Click if you would like to Show Work for this question: Open Show Work (b) (b) $4,040 every 3 months payable at the end of each quarter for 5 years. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present values Click if you would like to Show Work for this question: Open Show Work (C) (C) $19,160 immediate cash and $1,916 every 3 months for 10 years, payable at the beginning of each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Present values Click if you would like to Show Work for this question: Open Show Work (d) (d) $4,040 every 3 months for 3 years and $1,490 each quarter for the following 25 quarters, all payments payable at the end of each quarter. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present value Check you would like to show work for this question Click if you would like to Show Work for this question: Open Show Work
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