Which is more valuable to you today--receiving $5,000 for each of the next 3 years OR receiving $15,000 in 3 years from now?  Explain. (Be sure to discuss the concept of the "time value of money" when providing you

Suppose you just won the state lottery, and you have a choice between receiving $2,515,000 today or a 20-year annuity of $220,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. O a. 6.88% O b. 12.96% O c. 6.04% O d. 5.69% O e. 8.75%

As a result of winning the Gates Energy Innovation​ Award, you are awarded a growing perpetuity. The first payment will occur in a year and will be for ​$25,000. You will continue receiving monetary awards annually with each award increasing by 5 percent over the previous​ award, and these monetary awards will continue forever. If the appropriate interest rate is 13 ​percent, what is the present value of this​ award? Question content area bottom Part 1 The present value of the award is ​$

As a result of winning the Gates Energy Innovation​ Award, you are awarded a growing perpetuity.  The first payment will occur in a year and will be for ​$   30,000.  You will continue receiving monetary awards annually with each award increasing by   7 percent over the previous​ award, and these monetary awards will continue forever.  If the appropriate interest rate is   14 ​percent, what is the present value of this​ award?           Question content area bottom Part 1 The present value of the award is ​$   enter your response here . ​ (Round to the nearest​ cent.)

1) What is the future value of $5480 6 years from now at 7 percent? 2) What is the future value of $2100 saved each year for 9 years at 10 percent? 3) What is the amount a person would have to deposit today (present value) at 11 percent interest rate to have $8500 saved 9 years from now. 4) What is the amount you would have to deposit today to be able to take out $2070 a year for 2 years from an account earning 14 percent. 5) If you desire to have $38300 for a down payment for a house in 11 years, what amount would you need to deposit today? Assume that your money will earn 4 percent. 6) If you desire to have $38300 for a down payment for a house in 11 years, what amount would you need to deposit today? Assume that your money will earn 4 percent. 7) Carla Lopez deposits $11100 a year into her retirement account. If these funds have an average earning of 3 percent over the 14 years until her retirement, what will be the value of her retirement account? 8) If a person spends $28 a week…

you have just won the lottery and will receive $460,000 in one year. you will receive payments for 21 years, and the payments will increase 4 percent per year. if the appropriate discount rate is 11 percent, what is the present value of your winnings? Please explain how to solve using the financial calculator to show and explain steps thanks