### Let's say I just won the lottery.

Let's say I just won the lottery. What is the future value in 10 years of $1,000 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 5.625%.

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Let's say I just won the lottery. What is the future value in 10 years of $1,000 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 5.625%.

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Use the following information in answering Cases 1 and 2 below: On January 1, 1998, Dodd Company sold $800,000 of 10% bonds, due January 1, 2008. Interest on these bonds is paid on July 1 and January 1 each year. According to the terms of the bond contract, Dodd must establish a sinking fund for the retirement of the bond p

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See attached for properly formatted questions. 2. College Ed. saving account (SA). For 2 kids, first kid will start in 5 yrs., second in 7 yrs. Tuition cost $10,000 today, and rising 5% per yr. Tuition is paid out at beginning of yr., both kids in 4-yr programs. SA PV $50,000. Plan fixed contributions over next 5 yrs at end

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Need help with these 2 problems. 6. A client needs assistance with retirement planning. Here are the facts  The client, Dave is 21 years old. He wants to retire at 65.  Dave has disposable income of $2,000 per month.  The IRA Dave has chosen has an average annual of 8% If Dave contributes ha

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What is the NPV of a project that is expected to pay $10,000 a year for 7 years if the initial investment is $40,000 and the required return is 15%.