9. The future value and the present value of an annuity are always higher than those of an ordinary annuity. a) Correct b) Incorrect c) They are not related 10. Juan needs to save $ 20,000.00 in three years. How much money do you have to deposit at the end of each year at a rate of 6% to achieve your goal? a) $ 6,281.20 b) $ 6,282.20 c) $ 6,283.20 11: How much do I have to deposit quarterly, at an interest rate of 8%, so that at the end of ten years l have accumulated $ 50,000.00 a) $ 827.79 b) $ 828.80 c) $ 829.81 12. The best bank in the world is offering a loan under the following terms and conditions; principal $ 10,000.00, interest rate 5%, maximum loan term 7 years. How much will this client pay annually for said loan? a) $ 144.20 b) $ 1,728.20 c) $ 1,758.2