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Your Uncle put money in an account 5 years ago, today you received $100,000. What is the present value (at the time of the accident) of the payment? Assume interest rates are 9%.

A. a. $53,900

B. b. $ 68,100

C. c. $ 65,000

D. d. $ 70,800

You invest a single amount of $12,000 for 5 years at 10 percent. At the end of 5 years you take the proceeds and invest them for 12 years at 15 percent. How much will you have after 17 years?

A. $104,582

B. $96,763

C. $130,225

D. $10,458

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92170266

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