7. present value of annuities and annuity payments the present value of an annuity is the sum of the discounted value of all future cash flows. you have the opportunity to invest in several annuities. which of the following 10-year annuities has the greatest present value (pv)? assume that all annuities earn the same positive interest rate. an annuity that pays $500 at the end of every six months an annuity that pays $1,000 at the beginning of each year an annuity that pays $1,000 at the end of each year an annuity that pays $500 at the beginning of every six months an ordinary annuity selling at $2,514.15 today promises to make equal payments at the end of each year for the next eight years (n). if the annuity’s appropriate interest rate (i) remains at 8.00% during this time, the annual annuity payment (pmt) will be . you just won the lottery. congratulations! the jackpot is $10,000,000, paid in eight equal annual payments. the first payment on the lottery jackpot will be made today. in present value terms, you really won —assuming annual interest rate of 8.00%.

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.