Question: 12 MC algo 6-48 Calculating Perpetuity Present Values 2.5 points George Jefferson established a trust fund that will provide $197,500 per year in scholarships. The

12 MC algo 6-48 Calculating Perpetuity Present Values 2.5 points George

Jefferson established a trust fund that will provide $197,500 per year in

12 MC algo 6-48 Calculating Perpetuity Present Values 2.5 points George Jefferson established a trust fund that will provide $197,500 per year in scholarships. The trust fund earns an annual retum of 3 percent. How much money did Mr Jefferson contribute to the fund assuming that only income is distributed? Skipped Multiple Choice Boak $6,583,333.33 Print References $6.076,923.08 $5,486,111.11 $5,760,416.67 $7,523.809.52 Check my wo 14 MC algo 6-55 Calculating Annuity Due Payments 10 points Red Sun Rising Corp. has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,100,000 for 20 years with the first payment due today. If the interest rate is 3.25 percent, what is the value of this liability today? skipped Multiple Choice eBook Print $16,925,888.95 References $15,193,616.72 $16,513,062.39 $15,993,280.76 $17,338,715.51

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