Question: Using a present value table CTable 6-4 and Table 6-5), calculate the present value for the following: (Use appropriate factos Required: a, A car down
Using a present value table CTable 6-4 and Table 6-5), calculate the present value for the following: (Use appropriate factos Required: a, A car down payment of$50,000 that will be required in seven years, assuming an interest rate of 10%. b, A lottery prze of S6 million to be paid at the rate of$300,000 per year for 20 years, assuming an interest rate of6%. S 3,440,976 C. The same annual amount as n part b, but assuming an interest rate of 8%. S 2,945444 d. A capital lease oblgation that calls tr the payment of s8,000 per year for 10 years, assuming a discount rate 3 4 5 WE
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