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Ronald has an investment opportunity that promises to pay him $55,000 in three years. He could earn a 6% annual return investing his money elsewhere.

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Ronald has an investment opportunity that promises to pay him $55,000 in three years. He could earn a 6% annual return investing his money elsewhere. What is the most he would be willing to invest today in this opportunity? (FV of $1. PV of $1. FVA of $1. and PVA of $1 (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Present value Calculate the present value of the following single amounts. (FV of $1. PV of $1. FVA of $1, and PVA of $1 (Use appropriate factor(s) "from the tables provided. Round your answers to 2 decimal places.) Present Value Future Value 1 $10,000 2 7,000 3 6,000 Annual Rate 6% 8 % 12% Interest Period Compounded Invested Annually Semiannually 8 years Quarterly 4 years 5 years he four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Each gns independent contracts with the following terms: person Derek Isabel Meredith George Contract Terms Contract Payment Amount Date $600,000 2 years 640,000 3 years 500,000 Today 500,900 1 year Required: 1-o. Assuming an annual discount tale o 9%, calculate the present value of the contract amount. (EVOSI, PVS1, EVA of S1 and PVA of S1) (Use appropriate foctor(s) from the tables provided. Round your answers to 2 decimal places.) Present Value Dook Isabel More George Tom and Suri decide to take a worldwide cruise. To do so, they need to save $30,000. They plan to invest $4,000 at the end of each year for the next seven years to earn 8% compounded annually. 1-o. Calculate the future value of the investment (EV OLS1. PV of S1, EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Future value

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