Question: Moving to another question will save this response. Questo Question 11 4 points Imprudential, Inc., has an unfunded pension liability of $411 million that must



Moving to another question will save this response. Questo Question 11 4 points Imprudential, Inc., has an unfunded pension liability of $411 million that must be paid in 19 years. To assess the value of the tems stock francia artans want to discount this liability back to the present If the relevant discount rate is 7.9 percent, what is the present value of this tablity? Do not round intermediate calculation and enter your dollars, not millions, rounded to 2 decimal places. e... 1,234,567.89) Question 120 Question 12 3 points You have just made your first 55,914 contribution to your retirement account Assume you cam a run of 10.1 percent par ear and make no additional contribution What will your account be worth when you retire in 45 years? (Do not round Intermediate cateulations and round your answer to decimaluces 32.16) Your answers are saved automatically Question Completion Status Moving to another question will save this response Question 13 points In 1895, the first US Open Golf Championship was held. The winner's prize money was 5150 in 2016, the winner's check was 512 million What was the percentage increase per year in the winner's check over this penod? (Do not round intermediate calculations and enter your answers percent rounded to 2 decimal places....32.16.) Moving to another question will save this response estion completion Status: Moving to another question will save this response. Question 16 Andy deposited $3.000 this morning into an account that pays 5 percent interest compounded annually. Barb also deposited $1.000 this momies Interest, compounded annually. Andy will withdraw his interest earnings and spend it as soon as possible. Barb will remove the interest earningsinthe account. Given this, which one of the following statements is true? After five years. Andy and Bart will both have earned the same amount of interest Barb will earn more interest in Year 2 than Andy. Barb will earn more interest in Year 1 than Andy will Andy will earn more interest in Year 3 than Barb will, Andy will earn compound interest
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