Question: show how to do on BAII plus financial caculator Question 2 5 pts Annuity vs. Lump Sum At what interest rate (as an EAR) would

show how to do on BAII plus financial caculator
show how to do on BAII plus financial caculator Question 2 5

Question 2 5 pts Annuity vs. Lump Sum At what interest rate (as an EAR) would you be indifferent between the following two choices: 1) receiving $10,000 per year, starting 1 year from today, for a total of 2 payments (the last payment occurs 2 years from today in that case)... OR, 2) receiving $21,811 exactly 3 years from today? Answer: % Margin of error for correct responses: +/-.03%. Rounding and Formatting instructions: Do not enter a % sign in your response. Do not round any intermediate work, but round your final response to 2 decimal places (Example: if your answer is 12.34567%, you should enter 12.35.)

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