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QUESTION 36 Use the information below to answer the following questions. Present and future value tables of $1 at 3% are presented below: N 6
QUESTION 36 Use the information below to answer the following questions. Present and future value tables of $1 at 3% are presented below: N 6 7 8 9 TO 11 FV $1 PV 51 1.03000 0.97087 1.060901 0.94260 109273 0.91514 7:12551 0.88849 1.15927 0.86261 1.19405 0.83748 1.22987 0.81309 1.26677 0.78941 1-30477 0.76642 1.34392 0.74409 1.38423 0.722421 142576 0.70138 1.46953 0.68095 1.51259 0.66112 1.55797 0.64186 1.604711 0.623171 FVA $1 1.00001 2.0300 3.0909 4.1836 53091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15,6178 17.0863 18.5989 20.1569 PVA $1 0.97087 1.913471 2.82861 3.717101 4.57975 5.41719 6,23028 7:01969 7.78611 8.59020 9.25252 9.95400 10.63496 11.29607 11.93794 12.56110 FVAD 51 PVAD $1 1.0300 1.00000 2.0909 1.970871 3.1836 2.91347 43091 3.82861 5.4684 4.71710 6,6625 5.57975 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.08631 10.95400 17.59891 11.63496 19.1569 12.29607 20.7616 12.93794 13 14 15 16 Shelley wants to cash in her winning lottery ticket. She can either receive eight $100,000 semiannual payments starting today, or she can receive a single amount payment today based on a 6% annual interest rate. What is the single-amount payment she can receive today? O $853,020. 05744,090. O $723,028 5801,969. Click Save and Submit to save and submit. Click Save an answers to save all afters
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