2. We can calculate annuity with monthly payments is valued using an interest rate convertible quarterly. * (2 Points) true false 3. Jana is saving to pay off an obligation of $90,000 which will be due in nine years. If the investor is earning 9.5% effective annual interest rate, how much must be deposited as a single deposit now to meet this obligation? If she use simple interest? * (2 Points) $ 48,517.520 $9.132.42 $48,515.520 9.130.42 6. Deposit account earns simple interest of 10% annually. After how many years will the effective rate of interest decline to 5%?* (2 Points) 11 years 10 years 9 years 8 years non of the above 5. $800 is deposited in a savings account at Arab Bank. Three years later, the account has an accumulated value of $856.36. the situation from the customer point of view of. * (2 Points) The interest earned $56.36 The interest paid $56.36 The interest earned 2.4% The interest earned 1.04% non of the above 11. Compute the interest earned on a loan of $9,500 at simple interest of i = 6.85% over the period from April 12, 2015, to December 17, 2018, using ordinary methods? * (2 Points) $2,395.1179 $3,395.1179 $4395.1179 $5,395.1179 non of the above 12. Amal deposited $1550 at 8.6% simple interest for 7 years. What is the accumulated amount at the end of this period? * (2 Points) $2483.1 $11783.1 510822 $3420 non of the above 13. Find the present value of an annuity which pays $5000 at the end of each six month's for eight years. The rate of interest is 6.5% per each six months converted semi annual?. * (2 Points) $ 48,838.82 $ 47.838.82 $46,838.82 $49,838.82 non of the above 14. Mohammad want the value of an investment of $8,555 at eight and a Half years earning compound annual interest of 7.8%?* (2 Points) $16. 198.67 $17,198.67 $18,198.67 $15.198.67 non of the above 15. An annuity in which payments are made at the end of each period is called annuity (2 points) true false