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Uave Score: 0 of 4 pts 10 of 12 (7 complete) HW Score: 56%, 28 of 50 pts P6-34 (similar to) Question Help $brary (Related
Uave Score: 0 of 4 pts 10 of 12 (7 complete) HW Score: 56%, 28 of 50 pts P6-34 (similar to) Question Help $brary (Related to Checkpoint 6.1) (Annuity payments) Lisa Simpson wants to have $1,100,000 in 45 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 10.00 percent annually. What must Lisa's annual deposit be? The amount of Lisa's annual deposit must be $ . (Round to the nearest cent.) Score: 0 of 5 pts 11 of 12 (7 complete) HW Score: 56%, 28 of 50 pts P6-44 (similar to) Question Help $brary (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 $2,000 at the end of year one and the annual cash flows grow at a rate of 2% per year indefinitely, if the appropriate discount rate is 15%? What if the appropriate discount rate is 13%? a. If the appropriate discount rate is 15%, the present value of the growing perpetuity is $ cent.) Round to the nearest
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