question archive 1) What is the present value of a series of payments received each year for 5 years, starting with $200 paid one year from now and the payment growing in each subsequent year by 1%? Assume a discount rate of 2%
1) What is the present value of a series of payments received each year for 5 years, starting with $200 paid one year from now and the payment growing in each subsequent year by 1%? Assume a discount rate of 2%
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1) What is the present value of a series of payments received each year for 5 years, starting with $200 paid one year from now and the payment growing in each subsequent year by 1%? Assume a discount rate of 2%.
Please round your answer to the nearest hundredth.
2) What is the present value of a series of payments received each year for 9 years, starting with $300 paid one year from now and the payment growing in each subsequent year by 3%? Assume a discount rate of 5%.
Please round your answer to the nearest hundredth.
3) What is the present value of a series of payments received each year forever, starting with $100 paid one year from now and the payment growing in each subsequent year by 6%? Assume a discount rate of 9%.
Please round your answer to the nearest hundredth.
4) What is the present value of a series of payments received each year forever, starting with $300 paid one year from now and the payment growing in each subsequent year by 10%? Assume a discount rate of 12%.
Please round your answer to the nearest hundredth.
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