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35 a family vacation o Alaska at an estimated cost of $3,000. If you can earn an average of 4% per year, how much must

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35 a family vacation o Alaska at an estimated cost of $3,000. If you can earn an average of 4% per year, how much must you investtoday vacation? in order to have the funds needed for the planned A) $3.000 B) $2,667 C) $3,120 D) $2,880 14 For a 20-year $1,000 par value 5% annual couron bond that is selling at a discount and makes semir annual oupon payments, which of the following is TRUE? A) The YI21 of this bond is below 5%. B) Because this bond is selling at a discount it would be worth less than $1,000 at maturity. C) The bond pays $25 in interest every six months. ) The price of this bond is above its par value. 15) If you wish to withdraw $200 at the end of each of the next 8 years earning 35% per year, what one-th eed to make today in order to be able to make your planned withdrawals? C) $1,600 D) S1,544 A) $1,3 B) $1,810 Bxcel is TRUE t morteage loan can be found by

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