Need help. Please and thank you! Even if it\'s just one of the questions! Theo i
ID: 2742752 • Letter: N
Question
Need help. Please and thank you! Even if it's just one of the questions!
Theo is depositing $1, 300 today in an account with an expected rate of return of 8.1 percent. If he deposits an additional $3, 200 two years from today, and $4,000 three years from today, what will his account balance be ten years from today? (Quantitative Q). A growing perpetuity is currently valued $6, 225.81. The next annuity payment will be $386 and the discount rate is 9 percent. What is the annuity's rate of growth? (Quantitative Q). Christina will receive a 5-year annuity of $1, 200 a year, with the first payment occurring in year 4. What is the value of this annuity to her today at a discount rate of 7.25 percent? (Quantitative Q). Scott has been offered a 10-year job at a starting salary of $65,000 and guaranteed annual raises of 5 percent. What is the current value of this offer at a discount rate of 7 percent?Explanation / Answer
17.
Account balance after 10 years=1300*1.081^10+3200*1.081^8+4000*1.081^7=15699.54 is the answer
we do only first question as per chegg guidlines
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