1 mary is going to receive a 35-year annuity of 10000 nancy, Ask an Expert

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1. Mary is going to receive a 35-year annuity of $10,000. Nancy is going to receive a perpetuity of $10,000.

If the appropriate interest rate is 8 percent, how much more is Nancy’s cash flow worth? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value

2. Jules earns 19.31 per hour and works 0.11 overtime.

How much does Jules earn for OVERTIME for the year? Use 2 decimals in your response.

(This is all the info I am given to solve the problem)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92688675

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