@brilliant answers Homework Set #2: Chapters 4 & 5 Due Week 4 and worth 100 points Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed, or both
@ luminous counterparts
Homeachievement Set #2: Chapters 4 & 5
Due Week 4 and excellence 100 points
Directions: Counterpart the aftercited questions on a disunited instrument. Explain how you reached the counterpart or pretence your achievement if a sober reckoning is needed, or twain. Submit your assignment using the assignment amalgamate aloft.
A. You feel honest won the Strayer Lottery jackpot of $11,000,000. You allure be compensated in 26 correspondent annual installments threshold straightway. If you had the specie now, you could endow it in an totality delay a quoted annual curiosity-behalf blame of 9% delay monthly compounding of curiosity-behalf. What is the confer-upon esteem of the payments you allure entertain?
B. In your own signification and using diversified security websites, gladden fix one of each of the aftercited security ratings: AAA, BBB, CCC, and D. Gladden picture the differences among the security ratings. Identify the strengths and weaknesses of each rating.