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You are offered the opportunity to put some money away for retirement. You will receive five annual payments of $25,000 each beginning in 40 years.

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You are offered the opportunity to put some money away for retirement. You will receive five annual payments of $25,000 each beginning in 40 years. How much would you be willing to invest today if you can earn interest rate of 12%? 0 1 2 39 40 41 42 43 44 0 0 0 0 25K 25K 25K 25K 25K ... Formulas -1 FV=pv (1+r) PV = FV (I+rt Ir = (Fv/pujlt

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