1. What is the present value of a security that will pay $15,000 in 15 years if 4 points securities of equal risk pay 15% annually ?* O a) $1843 O b) $4787 O c) $4066 O d) $4728 O e) None of the above 2. Bilal now has $8000. How much would he have after 8 years if he leaves 4 points it invested at 8% with annual compounding? O a) $9,560 O b) $7,560 O c) $12,555 O d) $14,807 e) None of the above 3. Rana now has $2,000. How much would she have after 2 years if she leaves it invested at 2% with annual compounding? 4 points O a) $2,081 O b) $2,800 O c) $2,900 O d) $245