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2 Questions x 2 pts each 4 points 1. You are considering a pension program that will pay you $ $ 21,000 per quarter for

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2 Questions x 2 pts each 4 points 1. You are considering a pension program that will pay you $ $ 21,000 per quarter for the next 25 years with the first payment received one quarter from today. If the annual interest rate is 5.2 percent, but compounded quarterly, how much are you willing to pay for it? Answer: 3. How much will you have in 32 years, if you deposit $ 25,000 today at an annual interest rate = 2.75 percent, but compounded semiannually? Answer: DI

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