Question: Question ? ...... 400 PM Status: Linus has just won the Wall To Spendery Specifically Linus has won the lump sum amount of 52150 but
Question ? ...... 400 PM Status: Linus has just won the Wall To Spendery Specifically Linus has won the lump sum amount of 52150 but he must wait until the end of 10 years to receive the money Linus is in need of cash and would rather receive a interent pattern of payments 5325 today and then receive some unknown LUMPSUM one time amount that will be received in 10 years. Using an interest rate of 7.50%, determine the unknown lump sum amount would make the presente of both tres equivalent Ist Hotes INSTRUCTIONS: Place your answer in oltars and cont DO NOT USE A DOLLARSION OR A COMIVAIN YOUR ANSWER. Work out all analysis using a four decimal places of accuracy tion
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