Jane won 10M and has the option of taking all her winnings today, or taking 1.2M today and 1.2M for the next 10 years. At what interest rate would make either option equally attractive. Group of answer choices 6% 8% 10% 12% Need Fast Plzz
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Jane won 10M and has the option of taking all her winnings today, or taking 1.2M today and 1.2M for the next 10 years. At what interest rate would make either option equally attractive.
Group of answer choices
6%
8%
10%
12%
Need Fast Plzz
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- If you invest $12,000 today, how much will you have in (for further Instructions on future value in Excel, see Appendix C): A. 10 years at 9% B. 8 years at 12% C. 14 years at l5% D. 19 years at 18%Jane won 10M and has the option of taking all her winnings today, or taking 1.2M today and 1.2M for the next 10 years. At what interest rate would make either option equally attractive. Group of answer choices 6% 8% 10% 12% Only typed answerThe winner of a $10,000,000 prize has the following payment choices. If the interest rate is 10%, which choice is best? Select one: a. $3,000,000 per year for 12 years b. $2,000,000 per year for 50 years c. $10,000,000 now d. $55,000,000 in 10 years e. All of choices are the same
- Jenna is considering an investment which has a price of $16,000. She expects to receive $1,000 for 3 years, followed by $1,400 for another 4 years. At the end of the 7th year, Jenna expects to sell the investment for $25,000. If Jenna can borrow money at a rate of 10%, what is the investment's net present value? Select one: a. $4,849 b. $1,484 c. $2,650 d. $4,515Your friend offers you an investment opportunity that would yield $100 per year for the next 3 years. Using a discount rate of 10%, decide whether this is a good investment opportunity. What is the present value of this investment? a. $200.05 b. $250 c. $248.68 d. 258.20Justine is thinking about purchasing an investment from RCBC Capital. If she buys the investment, Justine will receive P1,000 every three months for two years. The first P1,000 payment will be made as soon as she purchases the investment. If Justine's required rate of return is 16%, how much should she be willing to pay for this investment? a. P10,764.80 b. P7,002.05 c. P1,368.57 d. P1,345.60
- Chris offers you an investmet where if ou investment where if you invest $1,000 today, he'll return you $1,200 in 2 years. What is the annual rate of return of this investment? Choose the closest. a) 10.5% b) 9.0% c) 10.0% d) 9.5%16 Mary Alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $390,000 per year for 25 years beginning today, or receiving one lump-sum amount today. Mary Alice can earn 6% investing this money. At what lump-sum payment amount would she be indifferent between the two alternatives? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1,PVA of $1, FVAD of $1 and PVAD of $1)Justine is thinking about purchasing an investment from RCBC Capital. If she buys the investment, Justine will receive P1,000 every three months for two years. The first P1,000 payment will be made as soon as she purchases the investment. If Justine's required rate of return is 16%, how much should she be willing to pay for this investment? a.P1,368.57 b.P10,764.80 c.P1,345.60 d.P7,002.05
- You are thinking about purchasing an investment from Get-Rich-Quick Investmemnt company. If you buy the investment, you will receive $50 every month for five(5)years. Payment will be made at the end of each month. If your required rate of return is 9% how much should you be willing to pay for this investment? Group of answer choices $4,632.87 $2,735.25 $2,525.10 $2,408.67Mark plans to invest $9,200 into a savings account with a 6% annual interest rate compounded semi-annually. If Mark wants $18,000 in the account, how many years does Mark need to invest? Variable Value N = I% = PV = PMT= FV = P/Y = C/Y = What is the Missing Variable Unit? Write a Context Sentence:Joe wants to have $20,000 three years from now so that he can make a down payment on a condo. If he can get a 5% interest rate, how does he determine how much to invest? Group of answer choices Multiply $20,000 times the present value of $1 with an interest rate of 5% and 3 time periods. Joe would need to invest $20,000 less 3*(5% of 20,000) or $17,000. Divide $20,000 by the present value of $1 with a 5% interest rate and three time periods. Multiply $20,000 times the future value of $1 with an interest rate of 5% and 3 time periods.