1. WHAT is the Present Value of a perpetuity cash flow of $1000 assuming a discount rate of 1%?

2. Citigroup's stock price went from $14.50 in 2011 to $54.66 in 2021. What is the average annual price appreciation rate (growth rate) of the stock? Answer in percentage and not in decimals

3. I invested $300 each month in an account that ended up with a value of $31000 in 6 years. What rate of return did I earn?

4. Purchased a car which cost $25000 TT&L. The terms are 0 down 2.99%, 4-year financing, what are the Monthly payments?

5. Sheldon Cooper invests $500 each month at the beginning of the month in a Fidelity account and expects the average rate of return to be 9.85%. How long will it take for him to become a millionaire(accumulate $1M)? Answer choices: A). approximately 412 years; B). Approximately 166 years; C). Approximately 34 years; D). Cannot be determined

6. Susies mother promised her $8000 as a graduation gift after 4 years. If she can negotiate with her mother and has an opportunity cost of 5.5%, then what amount should she accept today that will be equivalent to the gift.

7. Jeremiah Invested $2500 each year in a Fidelity Mutual fund that is expected to return 9.285% annually. What is the value of the account at the end of 30 years?

8. Jimmy Johnson invested $50000 in a CD for 8 years earning 4.19% interest compounded quarterly. What is the Maturity value of this CD?

9. Dividends on common stock are declared: Answer choices: A). by a majority voting rule; B). by the board of directors; C). by the CEO; D). using the cumulative voting rule

10. As a gift from your parents, you just received $50,000 for your education. You can earn an annual rate of 7% on your investments. How much can you withdraw each year (end of the year) for the next 4 years just using up the $50,000?