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4. If a house was purchased for $350,0006 years ago and has been appreciating by 5.75% a year since what is its current value? a)

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4. If a house was purchased for $350,0006 years ago and has been appreciating by 5.75% a year since what is its current value? a) $435,468.53 b) $448,697.14 c) $473,334.49 d) $489,497,30 5. What is the Present Value of a stream of monthly cash flows of $27,000 that is to last 421 years? Assume a nominal annual discount rate of 7.5%. a) $1,234,216.13 b) $1,458,183.24 c) $1,390,431.81 d) $1,085,181.71

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