1. $46,296.30.

  2. $42,866.94

  3. $530,179.96.

  4. $675,000. After deducting today's payment of $50,000 the remaining $625,000 invested at 8% interest will pay $50,000 per year forever.

  5. $28,090.00.

  6. $44,771.19.


Copyright c 1995 by Frank Wattenberg, Department of Mathematics, Carroll College, Helena, MT 59625