SHALLY

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Questions (3)

you are thinking of retiring. your retirement plan will pay you either $250,000 immediately on retirement or $350,000 five years
1. 4 answers
2. 3,628 views
What is the present value of $1000 paid at the end of each of the next 100 years if interest rate is 7% per year?
1. 2 answers
2. 1,232 views
1)You have just turned 30 years old, have just received your MBA, and have accepted your first job. Now you must decide how much
1. 4 answers
2. 2,162 views

I solved it by myself :) I t was a interest rate on 350,000 !! The retirement plan will pay $250,000 immediately ‘OR’ Pays $350,000 after 5 years from the date of retirement with: a) Interest rate (r)=0% Then, the PV = FV/(1+r) n = 350,000/(1+0) 5

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