15 Multiple choices questions for finance paper Thank you

Question 5 Not yet answered Marked out of 1.0 V Flag question You have an annuity of equal end-of-the-year cash flows of $500 that begin two years from today and last for a total of ten cash flows. Using an interest rate of 4%, what are those cash flows worth at the end of year 11? Select one: a. $7,512.9O b. $6,492.90 C. $6,003.05 d. $4,055.45 e. None of the above.Question 6 Not yet answered Marked out of 1.0 V Flag question You have an annuity of equal annual end-of-the- year cash flows of $500 that begin two years from today and last for a total of ten cash flows. Using a discount rate of 4%, what are those cash flows worth in today's dollars? Select one: a. $3,899.47 ' b. $4,055.45 C. $4,380.24 d. $5,000.00 e. None of the above.Question 7 Not yet answered Marked out of 1.0 V Flag question What is the present value of a 5-year ordinary annuity with annual payments of $200, assuming a discount rate of 15% per annum? Select one: a. 670.43 b. $842.91 C. $1,169.56 d. $1,348.48 8. $1,522.64Question 8 Not yet answered Marked out of 1.0 V Flag question Assume that you will receive $2,000 per year in years 1 through 5, $3,000 per year in years 6 through 8, and $4,000 in Year 9 with all cash flows to be received at the end of the year. If you require a 14% annual interest rate, then what is the present value of these cash flows? Select one: a. $9,851.49 b. $13,250.25 C. $11,713.54 Cl. $15,129.67 gi e. $$17,353.88Question 9 Not yet answered Marked out of 1.0 'V Flag question There is an inverse relationship between the present value interest factor of an annuity (PVl FA) and the future value interest factor of an annuity (FVI FA). i.e. One is the reciprocal of the other. Select one: True FalseQuestion 10 Not yet answered Marked out of 1.0 V Flag question What is the present value of a perpetuity that pays $250 per year if the annual interest rate is 5%? Select one: a. $4,750.00 b. $5,000.00 C. $5,250.00 d. $5,512.50 e. None of the above.Question 1 1 Not yet answered Marked out of 1.0 '7 Flag question What is the present value of a lottery paid as an annuity at the beginning of each year for twenty years if the cash flows are $250,000 per year and the appropriate discount rate is 7.50%? Select one: a. $5,000,000.00 b. $3,186,045.39 C. $2,739,769.55 d. $2,548,622.84 e. None of the above.Question 1 1 Not yet answered Marked out of 1.0 '7 Flag question What is the present value of a lottery paid as an annuity at the beginning of each year for twenty years if the cash flows are $250,000 per year and the appropriate discount rate is 7.50%? Select one: a. $5,000,000.00 b. $3,186,045.39 C. $2,739,769.55 d. $2,548,622.84 e. None of the above.Question 13 Not yet answered Marked out of 1.0 (x? Flag question If a 5-year ordinary annuity has a present value of $1,000, and if the interest rate is 10% per annum, then what is the amount of each annuity payment? Select one: a. $240.42 b. $263.80 C. $300.2O d. $315.38 e. $346.87Question 14 Not yet answered Marked out of 1.0 'V Flag question Amortisation tables are useful for each of the following reasons except: Select one: a. Determining the principal balance due if the loan is being paid off early. b. Determining how much of a total payment is interest. c. Determining the regular periodic payment on a loan. d. Determining how much of a payment contributes to reducing the principal of a loan. e. All of the above.Question 15 Not yet answered Marked out of 1.0 V Flag question Betty has taken out a $20,000 5-year loan in order to buy a car. If the annual interest rate is 10% and the repayments are $5,275.93 per year, how much interest will Betty pay in year 2? Select one: a. $1,472.41 b. $1,672.41 C. $2,000.00 d. $3,275.93 " e. None of the aboveGUGSEIOI'I l Answer saved Marked out of 1.0 V Flag question Your company just sold a product with the following payment plan: $50,000 today, $25,000 next year, and $10,000 the following year. If your firm places the payments into an account earning 10% per year, how much money will be in the account after collecting the last payment? Select one: a. $99,000 b. $98,000 c. $88,500 d. $85,000 0 e. $102,850Question 2 Answer saved Marked out of 1.0 V Flag question Which of the following is NOT an example of annuity cash flows? Select one: a. Regular equal monthly rent payments. " b. Equal annual deposits into a retirement account 0 c. The $50 of gasoline you put into your car every two weeks on payday. d. Your monthly electricity bill. e. Equal monthly withdrawals from your bank accountQuestion 3 Answer saved Marked out of 1.0 (x? Flag question What is the future value in year twelve of an ordinary annuity cash flow of $6,000 per year at an interest rate of 4.00% per year? Select one: a. $90,154.83 0 b. $93,761.02 C. $28,675.97 d. $32,117.08 e. $25,478.78Question 4 Answer saved Marked out of 1.0 '77 Flag question If you make ordinary annuity deposits of $1000 per year, invested at an annual interest rate of 4%, then the last deposit will earn and will be paid at Select one: 0 a. 4% interest; the end of year 10. b. 4% interest; the beginning of year 10. c. 4% interest; the end of year 11. d. no interest; the end of year 10. e. no interest; the beginning of year 10.Question 12 Answer saved Marked out of 1.0 V Flag question If you borrow $50,000 at an annual interest rate of 12% for six years, what is the annual payment (prior to maturity) on a discount loan? Select one: " a. $14,333.33 0 b. $6,000.00 C. $8,333.33 d. $12,161.29 e. None of the above