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1 and 4 worked put please Choose the best answer from the choices provided. 1. What is the future value of $600 invested at the

1 and 4 worked put please image text in transcribed
Choose the best answer from the choices provided. 1. What is the future value of $600 invested at the beginning of each year, five years from now at 12% interest? v/12 a $2.274.47 AV-600CHZ c. $3,357.81 b. $2,987.66 d. $4,029.37 > . $4,269.11 2. What is the present value of receiving $1000 four years from now at 5% interest. a $792.09 V-700/(105) 70 *822170 -Pod . $1,262.4 6. $822.70 3. If you borrowed $20,000 at 7% interest to buy a car and agreed to make payments at the end of each year for 4 years, what would be the payment? a. $4,619.50 PMT29000 X/ d. $5,771.83 b. $4,747.93 c. $5,640.24 11 % 952. $5,904.56 2952 x 20,000 5904.56 (4. If you buy a house for $200,000 and put 20% down and borrow the balance with a 30-year amortizing loan at 6% interest, what would be the monthly payment at the end of each month? l BI60.0 a. $959.28 $1,687.71 b. $1,350.17 e. $9,600.27 c. $1,518.94 f. $11,098.30 Finance $169000 10 What is the ANNUAL interest rate (rounded)

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