6 Babbe Corp. Invested $13.500 in a project. At the end of 13 years, the company sold the project for $49.275. What annual rate of return did the firm earn on this project? 066 Multiple Choice Sood 9.48% Book P 1047 References 99 98% 110 4 11.21% 7:18 an 7 You expect to receive $1,800 at the end of five years. What is the present value of this payment if the interest rate is 712 percent, compounded continuously? 0.66 points Multiple Choice Suced $1.27164 eBook Print $1,276,20 References $1.269.41 $1.25728 $1.260.85 7:19 am 8 Which one of these statements related to the time value of money is correct? Assume a positive rate of interest 0.66 points Multiple Choice Skoped A dollar increases in value the further into the future it is received eBook Print The future value of an invested dollar is inversely related to the rate of interest. References The present value of a dollar to be received in one year is directly related to the Interest rate. A dollar received today is more valuable than a dollar received next month. A dollar invested today will increase in value in a linear manner if interest earned is reinvested. O 7:19 am 9 The effective annual rate (EAR) of a loan will increase if 0.66 points Multiple Choice Skipped the frequency of the interest rate compounding is decreased. eBook Print the interest is changed from compound to simple interest at the same annual percentage rate (APR). References the annual percentage rate (APR) is decreased. either the annual percentage rate (APR) or the compounding frequency is increased. o the compounding of interest is changed from continuous compounding to daily compounding. 7:19 am 10 What is the annual percentage rate on a loan with a stated rate of 2.109 percent per quarter? 0.66 points Multiple Choice Skloped 87179 O eBook Print 9.174% O References O 8.0369 8.707% O O 8.436% 7:19 am