Question: Question 7 2 pts An ordinary annuity has a present value of $10,000 when discounted at a rate of 3.4%. What would be the difference

 Question 7 2 pts An ordinary annuity has a present value

Question 7 2 pts An ordinary annuity has a present value of $10,000 when discounted at a rate of 3.4%. What would be the difference in present value if this were an annuity due? Question 8 2 pts A star quarterback just signed with a team that offered a contract that pays $10,000,000 today. $2,000,000 at the end of year 1, $4,000,000 at the end of year 2, and $5,000,000 at the end of year 3. If the discount rate is 5%, what is the present value of this compensation package

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