Edit View History Bookmarks Profiles Tab Window Help G & B T Q 8 TueMay14 803PM '@ [Flconter x | M Proble x | Ml Proble x | Wl Proble x | Fll Proble x | Jll Proble x [l TakeT x Q TvM1 x | & impliec x | B Ander x | + v c 25 mymasonportal.gmu.edu/webappsfassessment/take/launch.jsp?course_assessment_id=_655955_1&course_id=_529985_1&new_at... Yr = o Finish update } Mulitiple Attempts | nis test allows multiple attempts. Force Completion This test can be saved and resumed at any point until time has expired. The timer will continue to run if you leave the test. Your answers are saved automatically. - Remaining Time: 59 minutes, 24 seconds. Question Completion Status: QUESTION 1 3 years ago, Mack invested $10,000. In 3 years from today, he expects to have $22,136. If Mack expects to earn the same annual return after 3 years from today as the annual rate implied from the past and expected values given in the problem, then how much does Mack expect to have in 7 years from today? QUESTION 2 Rainbow bought a new home entertainment system today from Andre's Electronics. She will pay $2,000 to Andre's Electronics today, receive a cash rebate of $500 from Andre's Electronics in 2 years, pay $3,000 to Andre's Electronics in 3 years, and receive a cash rebate of $1,000 from Andre's Electronics in 6 years. If the discount rate is 7.25 percent, then what is the present value of the cash flows associated with this transaction? Note: the correct answer is less than zero. Round your answer to the nearest cent. Click Save and Submit to save and submit. Click Save All Answers to save ail answers. 10 points Save Answer 10 points Save Answer Save All Answers Save and Submit