When Mactyn Morsoe died, exhusbond Joe DiMagglo vowed to place freth flowers on her grave every Sundoy es long as he lved. The week atter she died in 1962 , a bunch of freeh fawers thot the former baseball player thought approptiate for the star cost about 54. Besed on actustid tables. "Jottr Joe" could expect to live for 23 years atter the. octiess died. Assume thon the EAR is 114 peccent. Aso, astume that the price of the flowers wit inciease at 3.6 percent per yeor, when expcewsed as en EAR. Assuming that eoch yest has exocty 52 weeks, what is the present value of this commitment? Joe begen purchosing fowers the week afer Marfyn died. Mhingie Cnoze 3.446 4 12.26278 52.72104 1225424 32.723e1