Chat Now

# In the following please make only one choice per multiple choice questions, some money fro

### In the following please make only one choice per multiple choice questions, some money fro

In the following please make only one choice per multiple choice questions, some money from a credit union to be repaid in five annual installments 1. You borrow What is the initial loan if the interest rate is 11%? \$1.200, br \$5.284.03 S6,406.84. d. \$4,435.08 2. What is the present value of a\$140 discounted at 4.5%? a. \$1400.00 perpetuity b. \$2,222.22 c. \$3,111.11. d. \$4500.45 Use the following timeline of a series of uneven cash flows to answer the next two questions Assume the discount rate is 6%. Year Cash Flow \$300 \$250 C, \$200 CF, \$250 \$300 \$200 3. What is the present value of the above cashflows? a. \$722.87 lb. \$697.40 c. \$673.44 d. \$539.35 4. What is the future value of the above cash flows? a. \$750.00 b. \$802.08 \$838.00 d. \$932.00 2 of 12 Page

Abhinav 03-Dec-2019 Get solution