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please answer 121 Cindy wants to withdraw 510,000 per month for the...

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Accounting

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121 Cindy wants to withdraw 510,000 per month for the next 5 years. She will withdraw her first amount in one month. The bank pays Interest at 12% compounded monthly How much does she need to deposit today to do this? Chris hit the lotteryll She has the option of taking $520,000 today or 590,000 per year for the next 8 years, or $85,000 per year for the next nine years or $1,000,000 in ten years. If she can deposit her money at 6% ignoring taxes, which deal should she take

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