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Solve each of the following parts independently. ( Ignore income taxes. ) Please make sure your final answer ( s ) are accurate to the

Solve each of the following parts independently. (Ignore income taxes.) Please make sure your final answer(s) are accurate to the nearest whole number.
You can use the PV formulas in Excel or a financial calculator for these calculations.
a) The XYZ Co. Clinic can purchase a new computer system that will save $10,000 annually in billing costs. The computer system will last for 19 years and have no salvage value. Up to how much should the XYZ Co. Clinic be willing to pay for the new computer system if the clinic's required rate of return is 15%?
b) The Las Vegas Times newspaper reported the following story: Bonnie Northrup of Las Vegas is the state's newest millionaire. By choosing the six winning numbers on last week's state lottery, Bonnie Northrup has won the week's grand prize totaling $2.38 million. The State Lottery Commission has indicated that Bonnie Northrup will receive the prize in 28 annual installments of $85,000 each. If Bonnie Northrup can invest money at a 10% rate of return, what is the present value of the winnings?
c) JenCo will need a new warehouse in 8 years. The warehouse will cost $500,000 to build. What lumpsum amount should the company invest now to have the $500,000 available at the end of the 8-year period? Assume that the company can invest money at 14%.
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