You just won a lottery that promises to pay you $8,000,000 exactly 10 years from today. A company approaches you today, offering cash in exchange for your winning lottery ticket. What is the least you will sell your claim for if you can earn the following rates of return on similar-risk investments during the 10-year period? (1) 3% (2) 6% (3) 9%. Rework part a under the assumption that the $8,000,000 payment will be received in 15 rather than 10 years. On the basis of your findings in parts a and b, discuss the effect of both the size of the rate of return and the time until receipt of payment on the present value of a future sum.

You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period? (Click here to see present value and future value tables) Amounts ofInvestment Rate Times Value at the Endof the Period $9,000     20% 16 years $fill in the blank 1 $13,000     15% 11 years $fill in the blank 2 $16,000     12% 6 years $fill in the blank 3 $35,000     10% 4 years $fill in the blank 4

ou have discovered an investment opportunity that earns a 3% rate of interest compounded semiannually. What amount should you deposit today to have $7000 in three years? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.) $6400 $6370 $6406 $6402

(Related to Checkpoint 5.6) (Solving for) You are considering investing in a security that will pay you $4,000 in 31 years. a. If the appropriate discount rate is 10 percent, what is the present value of this investment? b. Assume these investments sell for $2,062 in return for which you receive $4,000 in 31 years. What is the rate of return investors earn on this investment if they buy it for $2,062? C a. If the appropriate discount rate is 10 percent, the present value of this investment is $. (Round to the nearest cent.)

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You just won a lottery that promises to pay you $1 million exactly 10 years from today. Because the $1 million payment is guaranteed by the state in which you live, opportunities exist to sell the claim today for an immediate lump-sum cash payment. What is the least you will sell your claim for if you could earn 5.05 % on similar-risk investments during the 10-year period?

How You deposit $1,900 into an account that. pays 7⁰% per year. Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a new car. much will you be able to withdraw at the end of 5 years? Do not round intermediate calculations. Rand your answer to the nearest cent. 12 Today you invest a lump sum amount in an equity find that provides on 12% annual return. You would like to have $11,500 in 6 years to help with a down payment for a home How much do you need to deposit today to reach your $11, 500 goal? Do not round intermediate calculations. Round to the nearest cent your answer

Your friend told you about an NFT (Non-fungible Token)  that they think will be worth $856 in 6 years.  If your required return on investments of this risk is 21.75, what is the most you should be willing to pay for it today? Round to 2 decimal places.  Include a dollar sign ($) or percent (%) as appropriate. Answer: