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Question 1 1 pt The Miami Dolphins are considering paying Jonathan Martin a lump sum...

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Finance

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Question 1 1 pt The Miami Dolphins are considering paying Jonathan Martin a lump sum of $16,014,404 three years from now as part of a settlement. If the relevant discount rate is 8 percent, what is the present value of this liability? Round your answer to nearest whole number: 1 Question 2 1 pts Assume the total cost of a college education will be $109.134 when your child enters college in 16 years. You presently have $62,938 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer as 3 decimal places fe.g. 0.123) Question 3 1 pts You plan to retire in 37 years. You are debating whether to deposit $66,608 into an account earning 8 percent annually today or waiting 15 years before making the deposit. How much more will be in the account when you retire in 37 years if you make the deposit today as opposed to waitine 15 years to make the first deposit Round to the nearest whole number DOLL

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