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22. Shelly wishes to leave a provision in her will that $2,000 will be paid annually in perpetuity (forever) to a local charity. How much

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22. Shelly wishes to leave a provision in her will that $2,000 will be paid annually in perpetuity (forever) to a local charity. How much must she provide in her will for this perpetuity ifthe interest rate is 6%? a. S3,201.21 b. $21,200.00 c. $33,333.33 d. $42,000.00 % return 23. What is the present value of $100,000 to be received in 5 years if you believe you can earn a 4 compounded quarterly (rounded to the nearest dollar)? a. $122,020 b. $121,665 c. $82,190 d. $81,954 24. You want to buy a new car in 5 years for $20,000. How much do you need to deposit today in a single lump surm into an account if you can earn a 10% annual return on your deposit (to the nearest dollar)? a. $25,250 b. $12,419 c. $25,500 d. $15,006

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