60. You are being proposed with an investment plan that enable you to receive $10,000 per year from a principal investment of $124,090. The investment tenure is 30 years. Calculate the rate of return from the investment plan.

Select one:

a. 4 percent

b. 5.5 percent

c. 7 percent

d. 6 percent

7. Your company just sold a product with the following payment plan: $50,000 today, $25,000 next year, and $10,000 the following year. If your firm places the payments into an account earning 10% per year, how much money will be in the account after collecting the last payment?

Select one:

a. $85,000

b. $99,000

9. A wealthy woman just died and left her pet cats the following estate: $50,000 per year for the next 15 years with the first cash flow today. At a discount rate of 3.2%, what is the feline estate worth in today's dollars?

Select one:

a. $774,000.00

b. $607,180.14

10. Thomas intends to invest his money in an investment account, beginning today, with the deposits amount of $2,000 annually. He will continue the investment for the next 20 years. If annual compound rate is 8%, calculate the amount in the account upon maturity period.

Select one:

a. $98,846

b. $21,207

c. $19,636

d. $91,524

c. $588,352.84

d. $750,000.00

c. $88,500

d. $98,000