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22. What's the future value of 1 point $50,000 after 3 years if the appropriate interest rate is 10%, compounded annually? * a) $66,550 b)
22. What's the future value of 1 point $50,000 after 3 years if the appropriate interest rate is 10%, compounded annually? * a) $66,550 b) $72,835 c) $41,111 d) $1,888 e) None of the above 1 point 23. What's the present value of $19,000 received after 19 years if the appropriate interest rate is 19%, compounded annually? * a) $1,888 b) $697 c) $3,888 d) $852 e) None of the above 24. What is the future value of a 5- 1 point year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? * O a) $ 670.44 O b) $ 842.91 O c) $1,522.64 O d) $1,348.48 O e) None of the above 1 point 25. What is the present value of a 7- year ordinary annuity with annual payments of $300, evaluated at a 10 percent interest rate? * a) $ 670.43 O b) $ 842.91 c) $1,460.52 d) $1,522.64 e) None of the above
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