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Suppose you receive the following end-of-year cash bonuses at world end of year 2: 54.000 end of year 4: $6.000 end of year 6: 510,000

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Suppose you receive the following end-of-year cash bonuses at world end of year 2: 54.000 end of year 4: $6.000 end of year 6: 510,000 end of year 8: $12,000 If you invest your bonuses and cam 8% on your investments how much will you have at the end of your 12? 0.564374 562.106 558.521 $51.936 553,202 You have just won a two-part lottery. The first part will pay you $50,000 at the end of each of the next 20 years The second part will pay you $1.000 at the end of each month over the same 20 year period. Assuming a discount rate of 10% what is the present value of your winnings? $529300 5464292 $610462 5567.572 5495.048

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