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Question 68 1 pts Jane is thinking about buying an annuity from WSB Inc. which pays $731 per month for the next 12 years. Payments
Question 68 1 pts Jane is thinking about buying an annuity from WSB Inc. which pays $731 per month for the next 12 years. Payments are made at the end of each month. If her opportunity cost is 12% per year with monthly compounding for the first eight years and then 6% APR with monthly compounding for the remaining years, what would she be willing to pay today for this annuity? Round your answer to the nearest whole dollar. For example, $1,234.56 is 1235 Do not enter $ or % signs. You can enter commas. Question 69 1 pts WSB Petroleum wants to lease an oil rig for the next 10 years. It will make semi-annual payments, the first is due upon signing the lease today, and the the value of the rig is $420 million. The interest rate is 9% per year with semi-annual compounding. What is WSB's lease payment? Round your answer to the nearest whole dollar. For example, $1,234,56 is 1235 Do not enter $ or % signs. You can enter commas. d
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