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Homework: 6-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 10 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P6-34 (similar to)
Homework: 6-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 10 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P6-34 (similar to) Question Help 0 (Related to Checkpoint 6.1) (Annuity payments) Lisa Simpson wants to have $1,300,000 in 55 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 11.50 percent annually. What must Lisa's annual deposit be? The amount of Lisa's annual deposit must be (Round to the nearest cent. Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Homework: 6-1 MyFinanceLab Assignment Save Score: 0 of 5 pts 11 of 12 (0 completely HW Score: 0%, 0 of 50 pts P6-44 (similar to) Question Help Related to Checkpoint 6.5) (Present value of a growing perpetuity) What is the present value of a perpetual stream of cash flows that pays $4.000 at the end of year one and the annual cash flows grow at a rate of 4% per year indefinitely, if the appropriate discount rate is 13%? What if the appropriate discount rate is 11%? a. If the appropriate discount rate is 13%, the present value of the growing perpetuity is $. (Round to the nearest cent) Enter your answer in the answer box and then click Check Arswer ? part remaining Clear All Check
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