For this week's mini case, students will be assigned to work in a group. Students will work together in these groups outside of the online environment (e.g. Google docs) to collaborate and complete the minicase "The MBA Decision" on page 191 of the textbook. Each group will provide a single, coordinated answer to the case study. Group members are to determine how the work load is to be divided and each member of the group will receive the same score. The response from each group is to include: 1. A title page with the names of each member of the group. 2. A brief overview of the minicase with appropriate details. 3. The group's response to each of the 6 questions.

6 Present Value ofa Growlng Perpetuity [LO1] What is the oquation for the prs- atialue of a growing perpetsity with#payment of Cone period homtoday ifthe payments grow by C each period 77 Rale o 72 [LO4] Earlier, we diseussed the Rale of 72, a uneful approximation or many interest rates and periods Sor the time it takes a lump sum to double in value For a 10 peroont interest rat, show that the Rale of 73" is slightly better For what rate is the Rule of 72 eact id Use the Solver function in Excel) 7k Rale o693 L04 A corellary to the Rale ot 72 is the Rule of 693. The Rule e 69.3 is esactly coesect except Soe rounding when isterest eaes are compounded coetinously. Phove the Rale of 69.3 for continuously compounded interest MINICASE The MBA Decision n Basgraduated from collage six years ago widh aliance olon an accelerated one-year program wih aition s of chools, he ha 58,000 sining boes. The $3,000 per yea He is curremtly 28 years old and expects QUESTIONS years of full-time The Bradley Schoal of Basiness at Mous Py College began its MBA pogsm 16 years ago. The Bradley School