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Suppose Becky has her choice of $10,000 at the end of each month for life or a single prize of $1.5 million. She is 35 years old and her life expectancy is 40 more years.
(i) Find the present value of the annuity if money is worth 7.2%, compounded monthly.
(ii) If she takes the $1.5 million, spends $700,000 of it, and invests the remainder at 7.2% compounded monthly, what amount will she receive at the end of each month for the next 40 years?
(a) Given that the molar mass of H2SO4 is 98.1 grams, determine the number of grams of H2SO4 needed to prepare 0.2 L of a 0.5 M H2SO4 solution. Show your work.
transformational thinkingtransformational thinking often requires a paradigm shift. much of your mba coursework has
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