Question 2 Not yet answer Maried out of 10.00 Prag question Derya gets $6.000 on the last day of each year, on the other hand, Deniz gets $6,000 on the first day of each year. They will receive these payments for the next five years. If the discount rate is 8 percent, what is the difference in the present value of these payments? a. $915.56 $1,114.71 $2,700.83 d. 51,916.50 52.600.46 Previous page Next page Flag question Question 4 Not yet answered Marked out of 8.00 You will receive increasing annual payments over the next 25 years. The first payment will be paid one year from now in the amount of 53.500. After that every year the payment amount will increase by 3.5 percent. If you can earn 7 percent on your investments, what is the present value of these cash flows? a $62,367.83 b. 556,457,41 $39,085.86 d. $42.567.92 e $45.926.02 Previous page Next page