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3 3 . You will be receiving cash flows of: $ 1 , 0 0 0 today, $ 2 , 0 0 0 at end

33. You will be receiving cash flows of: $1,000 today, $2,000 at end of year 1, $4,000 at end
of year 3, and $6,000 at end of year 5. What is the present value of these cash flows at an
interest rate of 7%?
A. $9,731.13
B. $10,412.27
C. $10,524.08
D. $11,524.91
34. You're ready to make the last of four equal, annual payments on a $1,000 loan with a 10%
interest rate. If the amount of the payment is $315.47, how much of that payment is accrued
interest?
A. $28.68
B. $31.55
C. $100.00
D. $315.47
35. How much interest is earned in just the third year on a $1,000 deposit that earns 7%
interest compounded annually?
A. $70.00
B. $80.14
C. $105.62
D. $140.00
please explain these with formulas thank you :)

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