Question: Exercise 5-15 (Static) Future and present value [LO5-3, 5-7, 5.8] Answer aach af the following independent questions 1. toe recenty won a loteery and have
Exercise 5-15 (Static) Future and present value [LO5-3, 5-7, 5.8] Answer aach af the following independent questions 1. toe recenty won a loteery and have the option of receherg one of the followitg thee prices 5.564.000 cosh itimediated. (2) vaiue for the above options. Which speon shoud you chopse? cepesids of $100.000 into a soeciel bank accourt at the eed of esch of to years Aswuritg the bank account puys 7 in treecest compounded arrualy, what wit be the fund bojance atter the last payment is made in teen yeart? Complete this question by ectering yeor anwwers in the tabs teloed
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