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Your uncle has said that if you agree to finish college he will give you equal payments of $3,000 at the end of each year
Your uncle has said that if you agree to finish college he will give you equal payments of $3,000 at the end of each year for the next ten years. If the annual interest rate stays constant at 5%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar $23,165 O $24,323 $28,956 O $19,690 You found out that now you are going to receive payments of $7,000 for the next 11 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 12%. What is the present value of these payments? Round your answer to the nearest whole dollar $46,552 562,345 541,564 ne Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palau over the next four years: Annual Cash Flows Year 1 Year 2 Year 3 $400,000 $20,000 $180,000 Year 4 $300,000 The CFO of the company believes that an appropriate annual interest rate on this investment is 9%. What is the present value of this uneven cash flow stream, rounded to the nearest whole dollar? (Note: Do not round your intermediate calculations.) O $600,000 51.975,000 $735,327 61.775,000
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