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Question 1 1 pts The Miami Dolphins are considering paying Jonathan Martin a lump sum of $19,879,669 three years from now as part of a

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Question 1 1 pts The Miami Dolphins are considering paying Jonathan Martin a lump sum of $19,879,669 three years from now as part of a settlement. If the relevant discount rate is 10 percent, what is the present value of this liability? Round your answer to nearest whole number. D Question 2 1 pts Assume the total cost of a college education will be $158,745 when your child enters college in 17 years. You presently have $52,403 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer as 3 decimal places (e.g. 0.123) D Question 3 1 pts You plan to retire in 34 years. You are debating whether to deposit $34,508 into an account earning 8 percent annually today or waiting 13 years before making the deposit. How much more will be in the account when you retire in 34 years if you make the deposit today as opposed to waiting 13 years to make the first deposit? Round to the nearest whole number. D Question 4 1 pts You currently have $6,295. You plan on investing it at 9 percent per year until you have $83,195. How long will you wait until you achieve this goal? Enter the answer with 2 decimals (e.g. 1.23)

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