How much would you pay for $10 every year for the rest of my life?
Assume I'm 30 years old.
Thanks!
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Note 'my'. I'm offering you $10 every year till I die. How much would you pay me for this annuity?
Is this a homework question you're trying to get help with? Google time value of money and open your calculator app.
I wouldnt notice if someone took 10 bucks out of my checking account every month. I cant begin to give a shit about such a meaningless amount of money. even if we assume you live another 100 years, thats a grand.
Add some zeros and it might be worth talking about.
~$100
Using 2008 VBT MNN 100RR 4%: $213.
Why are you asking a rather basic actuarial mathematics questions?
NPV
APV, not NPV. You'll get ripped off using NPV.
$0, based on likelihood of default and cost to litigate to recover my funds.
Sleep with me and you'll be rich forever.
Lolz
hw question for sure...
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