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- 3.- A company offers Engineer Alvarez $200,000 per month for the next 5 years and $400,000 per month for the following 5 years for exclusive rights to market his invention. If Engineer Alvarez wants the money to be paid in a single lump sum at this moment, what is the amount he should receive if the value of money is at a 13% interest rate compounded monthly? OPtions: 15,369,769 16,788,365 17,999,746 14,181,895A businessman needs P50,000 for his operations. One financial institution is willing to lend him the money for one year at 12.5% discount rate. Another lender is charging 14%, with principal and interest payable at the end of one year. A third financier is willing to lend him P50,000 payable in 12 equal monthly installments of P4,600. Which offer is the best for him? Validate your answer.A baseball player is offered a 3-year contract which pays him the following amounts at the end of each year:Year 1: $6 millionYear 2: $8 millionYear 3: $10 millionInstead of accepting the contract, the player asks for a contract that has the team paying the same total amount, but payments are equal ($8 million a year) and come at the beginning of each year for the 3 years (3 total payments). Assuming that the appropriate discount rate is 8% per year, what is the difference in the present value of two offers?
- Petrogazz convinced Mae Luna to play for their volleyball franchise for 3 seasons. They offered the player $1,000,000 in the 1st year, $2,500,000 in the 2nd year, and $3,000,000 in the 3rd year. Assuming end of year payments of the proceeds of the contract, how will we find the value of his contract today if Mae Luna has a discount rate of 12%, compounding semi-annually?A businessman needs P500,000 for his operations. One financial institution is willing to lend him the money for one year at 12.5% interest per annum (discounted). Another lender is charging 14%, with the principal and interest payable at the end of one year. A third financer is willing to lend him P500,000 in 12 equal monthly instalments of P46,000. Which offer is best for him?A businesswoman needs P50,000 for his operations. One financial institution is willingto lend him the money for one year at 12.5%interest per annum(discounted). Anotherlender is charging 14%, with the principal andinterest payable at the end of one year. A third financier is willing to lend him 50,000 payable in 12 equal monthly installments of 24,600. Which offer is the best for him?
- V4. Samantha was supposed to make a payment of $4,250 in 2 years and another payment for $1,300 in 5 years to Loon Company as part of a payment plan. Instead, she is trying to reach an agreement with the company where she would pay an upfront amount now, and an amount of $500 in 4 years. Assume that money is worth 8.58% compounded quarterly. a. Calculate the equivalent value of the $4,250 payment and the $1,300 payment today. B. calculate the size of the payment required in 5 years to Steele the amountA professional athlete has signed a contract worth $56 million over 5 years. Assume that value is the value of the contract today. (a) If the contract pays out at the end of each year and the interest rate is 6% nominal annual, compounded monthly, how much is it worth at the end of each year? (b) Draw a cash flow diagram of the payouts of the cash flow in part (a). (c) If the interest rate is 6% nominal annual compounded monthly and the athlete would like to defer the payouts over a span of 25 years, calculate the monthly income over 25 years.Economics A star baseball player signs a contract that would pay a total of $16 million. The player receives $4 million upon signing, and $3 million every year for the next four years. (In other words, the player will receive $4 million today, $3 million in a year from today, etc.)At an interest rate of 4 percent, the sum of the present value of the contract is $__. Your answer should be a whole number. If the contract is spread over fewer years, the present value of the contract would __________ (options: increase or decrease)
- Q1…Dennis McDonald has just started working with the NCB as a sales representative and is just trying to catch up on having money for retirement. NCB offers him a pension plan with an annuity that is guaranteed to earn 11% interest compounded annually. She plans to work for 12 years before retiring and would then like to be able to draw an income of $110,000 per annum for 16 years. How much must be deposited per annum into his retirement fund to accomplish this?.a. A first-round draft choice goalkeeper has been signed to a three-year, $10 million contract. The details provide for an immediate cash bonus of $1million. The player is $2million in salary at the end of the first year, $3 million the next, and 4 million at the end of the last year. Assuming a 10% discount rate, is this package worth $10 million? How much is it worth? .b Suppose a business takes out a GHC5000, 5-year loan at 9%. If the loan agreement calls for the borrower to pay the interest on the loan balance each year and to reduce the loan balance each year by GHC 1000, what would the loan repayment schedule look like? .c. Example: after carefully going over your budget, you have determined you can afford to pay GHC632 per month toward a new sports car. You call up your local bank and find out that the going rate is 1% per month for 48 months. How much can you borrow?Don Draper has signed a contract that will pay him $50,000 at the end of each year for the next 8 years, plus an additional $150,000 at the end of year 8. If 7 percent is the appropriate discount rate, what is the present value of this contract? Question content area bottom Part 1 The present value of the contract is $ enter your response here . (Round to the nearest cent.)
