24 (1 point) Anya finally decides that she will give her cousin, Zen, the loan he requested. He is expected to pay Anya $12,500 each year for the next 5 years, starting at the end of this year. The loan interest rate at the bank is 5% but because he is family, she will only charge him half of this interest rate. Calculating the present value of annuity using the Excel functions = PV (RATE,NPER,PMT,FV,0) What is the value of PMT in the above formula? Question 24 options: $62,500 $12,500 0 None of the above Question 25 (1 point) Formula for calculating the Present Value of Annuity of Cash flow C for N periods with interest rate r is: Question 25 options: True False Question 26 (1 point) An ___________ is a stream of n equal cash flows paid at regular intervals Question 26 options: Time value of money Annuity Discounting Compounding Question 27 (1 point) Present Value and Future Value of annuity can be calculated either on Excel or by using financial calculator. Question 27 options: True False