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Author Question: Your pension plan has two alternative payout methods. The first is a lump sum of $300,000 on your ... (Read 56 times)

brutforce

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on: Apr 25, 2021
Your pension plan has two alternative payout methods. The first is a lump sum of $300,000 on your 65th birthday. The second is ordinary annuity with the first payment on your 66th birthday and the last payment on your 85th birthday. If the interest rate is 10.5%, then what size annuity payment would equate the value of the two alternatives?
◦ $36,447.98
◦ $35,911.96
◦ $37,059.21
◦ $35,237.89
◦ $34,687.32
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by brutforce on Apr 25, 2021

olivia_paige29

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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brutforce

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

jordangronback

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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