This topic contains a solution. Click here to go to the answer

Author Question: You own an oil well that will pay you $35,000 per year for9years, with the first payment being made ... (Read 11 times)

fungirl

  • Full Member
  • ***
  • Posts: 162

Question 1

You just won the lottery, and you have a choice between receiving $3,600,000 today or a9-year annuity of $510,000, with the first payment coming 1 year from today. What rate of return is built into the annuity?

5.02%


5.16%


6.43%


6.80%



Question 2

You own an oil well that will pay you $35,000 per year for9years, with the first payment being made today. If you think a fair return on the well is 8.8%, how much should you ask for if you decide to sell it?

$229,893


$230,167


$224,250


$235,463



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fungirl on Aug 7, 2023

Jaclyn92G6

  • Full Member
  • ***
  • Posts: 176
    • save money with coupon codes
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.
Answer Preview
Only 55% of students answer this correctly

Look for coupons that come in delivers while in the email, in mags, or with in the inserts with all the Sunday forms. www.baccarat35.com



fungirl

  • Member
  • Posts: 162
Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library