1.You're trying to choose between two investments of similar risk, both of which require an investment of $86,000 today. Investment G will be worth $151,000 in 7 years. Investment H will be worth $271,000 in 14 years. Which investment would you prefer? ESSENTIAL explain or show why the correct answer is correct AND why the other answers are not correct.

a. Investment G, since it has a shorter time horizon.

B. Investment H, because it has a higher rate of return.

c. Investment H, because it has a larger future value

2.You want to retire 45 years from today. You would like to have enough money that you can withdraw 50,000 every year, starting at the end of every year you retire, and leaving no money to your heirs when you die, which you expect to be 20 years after you die(65 years from today). You expect to earn a return of 6% on your investments before and after retirement. How much would you have to invest today, to be able to make these withdrawals during your retirement? ESSENTIAL please give the N= I= PV= PMT= FV= and the cashflow diagram

3. You are offered a $30,000 car loan at 6.8% APR. You must pay it back in monthly installments ver three years. Which of the following statements is false? ESSENTIAL explain or show why the correct answer is correct AND why the other answers are not correct.

a. Your actual annual interest rate is higher than 6.8%

b. Your monthly payments are all equal

c. Your monthly payments are $833.33

4.You decide to deposit 100$ per month in a bank account, starting at the end of next month. How much will you have in the account at the end of 35 years, if the account earns 6% compounded monthly? ESSENTIAL explain or show why the correct answer is correct AND why the other answers are not correct.

a. 142,471, regardless of whether you make deposits at the beginning or end of each month.

B. 142,741, but it would have been less if you had made deposits at the beginning of each month.

c. 142,741, but it would have been more if you had made deposits at the beginning of each month.