What is the rate of return on this investment

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Question - You want to have $37,402 in your savings account 24 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7 percent interest, how much do you need to deposit each year?

Ww Corp. is selling a perpetual contract that pays $6,842/year. The contract currently sells for $151,463. What is the rate of return on this investment? Enter answer as 4 decimals (e.g. 0.1234).

The Packers are considering paying Aaron Rodgers a lump sum of $13,485,072 four years from now as part of his contract. If the relevant discount rate is 8 percent, what is the value of this liability? (Enter the answer with 2 decimal places (e.g. 23.45)

You are excited to buy your first house. Based on your credit history, the bank is willing to lend you money at 5 percent interest compounded monthly. You can afford monthly payments of $1,466. How much can you afford to borrow? Assume the mortgage is for 25 years.

Reference no: EM133057788

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