Assume Jack will invest $900 today, $1,100 one year from now, $1,250 two years from...

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Assume Jack will invest $900 today, $1,100 one year from now, $1,250 two years from now, $650 three years from now, and $2,251.63 four years from now. What's the future value of this series of investments five years from now? Assume that the interest rate that applies here is 12% and that it will compound annually. O$8,410.32 O $8.910.24 O$7,815.56 O$6,925.24 Question 14 2.5 pts Assume Ziggy will receive a perpetual payment (i.e. a perpetuity) of $30,000 that will neither grow nor decrease over the years. Assuming the interest rate of 9.6% and the first payment will be made next year (that is, such that t = 1), what is the present value of the perpetuity here? O $312.500 $240,000 O $375,000 O $300,000 27 Question 15 Same facts as above: what will be the present value of the perpetuity if the payments grow by 3% each year? $454.545.45 $316.252.24 $312.500 We do not have sufficient information to answer this question. 2.5 pts

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