An investor who recently returned from overseas decided to invest in a venture which has been proposed by a leading investment company in Ghana. The investor is expected to receive ten (10) sum payments of $5,000 at the end of the year for ten (10) years. However, payment increased by 5% on the 2nd, 10% on the 4th , 15% on the 6th , 20% on the 8th and 25% on the 10th payments. Calculate the sum that should be paid to him now at an interest of 5%.

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)