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You have just won the lottery and will receive $1,500 per year forever. What is the present value of this infinite stream of cash flows

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You have just won the lottery and will receive $1,500 per year forever. What is the present value of this infinite stream of cash flows given an 8% discount rate? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an ansiwer: a $3,721,60 b $13,419.54 c $18,750.00 d $21,428.57 e $30,000.00 Question 11 If you deposit $1,000 at the end of each of the next 20 years into an account paying 6.5% interest, how much will you have in the account in 20 years? Selected answer will be automatically saved. For weyboard navigation, press up/down arrow keys to select an answer. a $42,786.71 b $21,182.46 c $63.849.98

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