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39 universit each month for tetoch year. She earns $1500 per month (paid at the end of each month) from a part-time job. Assume an

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39 universit each month for tetoch year. She earns $1500 per month (paid at the end of each month) from a part-time job. Assume an A. $144 B. $126 C. $55 Kristy has to make rental payments of $1000 at the start of evernymonth the are $4000 to be start of eachy each month for the next four years? par-time job for the next four years. How much moncy, in present value terms, can she wi 40. Matthew carns $10 000 per month for the next 25 years, afher which he retires. During the first five years of retirement, he withdraws $6000 at the start of each month, after which he dies. His son, Sean, inherits the remainder of Marthew's savings. It is further stipulated in Matthew's will that Scan will be paid the money in equal payments at the start of every month, for the next 20 years. Given a fixed interest rate of 9% p.a, calculate the amount of the monthly payments that Sean receives A. $98 250 B. $97 340 C. $98 270 D. $97 519 41. 0 00 in 1.5 years'time. Ifthe interest rate is 15% pa, compounded continuously, how Joe has to pay $ terms? much does she owe in present value A. $46 387 B. $49 077 C. $39 926 D. $37 041 42. If you have a choice to carn simple intcrest on $20 000 for theee will pay more interest and by how mach? or annually at8.5% for three A. Simple interest by $50.00 B. Compound interest by $122.97 C. Compound interest by $145.78 D. Simple interest by $150.00 years which one

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