Julie has just retired. her company’s retirement program has two options as to how retirement benefits can be received. under the first option, julie would receive a lump sum of $150,000 immediately as her full retirement benefit. under the second option, she would receive $14,000 each year for 20 years plus a lump-sum payment of $60,000 at the end of the 20-year period. required: 1. calculate the present value for the following assuming that the money can be invested at 11%.2. if she can invest money at 11%, which option would you recommend that she accept?

1.the present value for the following assuming that the money can be invested at 11% is $1,209,346.73

2.if she can invest money at 11%, I will recommend that she accept the first option of taking a lump sum of $150000

Explanation:

a) using the compound interest formula

A= p[1+r%]^n

P= $150000 n=20 r=11%

A= 150000[ 1+11/100]^20

A=150000[1.11]^20

A=150000 ×8.062311536

A= $1,209,346.73

2. The first option will give her $1,209,346.73 and the second option will give her ($14,000 ×20)+$60,000= $340000

Therefore the first option is better to accept because she will make more money in the first option than in the second option.

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney

answer; the landlord can sue the renter,and the renter loses the security deposit;