Question: Please show me how to do this three question Please do not only choose the answer. Thanks 8. If a client has to meet a

Please show me how to do this three question
Please do not only choose the answer.
Thanks  Please show me how to do this three question Please do
not only choose the answer. Thanks 8. If a client has to

8. If a client has to meet a lump-sum liability of $75,000 seven years, how much needs in invested two years from now in a bond fund that will return 6.5% compounded quarterly? A. $54,331 TT000 B. $54,470 C. $54,741 9. Assuming an interest rate of 5% compounded annually, what immediate lump sum s equivalent to 15 annual payments of S75,000 starting today? A. $741,404 B. $778,474 C. $817,398

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!