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You just won the $66 million Powerballjackpot Your winnings will be paid as $3,300,000 per year for the next 20 years. If the appropriate interest
You just won the $66 million Powerballjackpot Your winnings will be paid as $3,300,000 per year for the next 20 years. If the appropriate interest rate is 66 percent, what is the value of your jackpot? Multiple Choice $34 27031453 $36,074,015.40 535154,900 42 $38.454,900 42 O $325.48258 Three years ago, you invested $3,350. Today, it is worth $4,100. What rate of interest did you earn? Multiple Choice 3.49 percent O 6.97 percent 58 percent 4.47 percent 5.47 percent 3 At some time in the past Sherri bought a rental for $15.690. Today, that same rental is valued at $45.417. How long has Sherri owned the rental if the price of rentals has been increasing at 5 percent per year? OD Multiple Choice 0 22 years 2178 years 23.06 years 0878 years 4. Red Sun Rising Corp has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1.950,000 for 30 years with the first payment due today. If the interest rate is 359 percent, what is the value of this labely today! 20 Multiple Choice $38.572,519 O 535.46147634 O $36736.000 O $35.00030252
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