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1/ You won the lottery and will receive $50,000 per yr for 20 yrs. Assume 4% interest used to evaluate annuity and you receive pymt at the begining of the yr a/ what is the PV of the lottery b/ how much interest was earned on the PV to make $50,000 a year pymt. 2/

3. Another client, Wynona, decides that she will invest $5,000 per year in a 6% annuity for the first ten years, then $6,000 for the next ten years, and then $4,000 per year for the last ten years, how much will she accumulate? [Hint: Treat each ten-year period as as separate annuity and compute the

Barb and John Reed want to know how much they must deposit in a retirement savings account today to have payments of $1,750 every six months for 15 years. The retirement account is paying 8% annual interest, compounded semiannually. Answer: Lena Dimock is saving for her college expenses. She sets aside $200 at the beginning

2-1 If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years? 2-2 What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually? 2-6 What is the future value of

How would a manager calculate present value and future value for single amounts, annuities, and uneven streams of cash flow.

Can you help me get started with this assignment? You are earning a salary of 30,000. You plan on retiring in 25 years. At the beginning of retirement you would like to have accumulated enough money in your 401k plan to receive an annuity for 20 years equal to 80% of your last years’ salary.

Assuming you can earn 11% a year on your 401k money over the next 25 years, how much will you need to save every year to reach your retirement goal in 25 years? Interest Rate (Rate): 11% Number of years: 25 Annual withdrawals amount (PMT) -50,250.67

According to this current readings, the general diagnostic model used to examine the working relationships of people in organizations, groups, and individuals is the open systems model, which includes three components: 1. inputs from the environment 2. transformations based on social and technical processes 3. outputs based on what is returned to the environment. No

What are some of the primary reasons a company decides to expand internationally?

Which employee selection method would you recommend using? Provide an example and explain both the positives and negatives attributed to this method.