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A monthly credit card interest rate of 1.5% is equal to and effective annual rate of 19,56% True Faise QUESTION 10 points Save An Consider

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A monthly credit card interest rate of 1.5% is equal to and effective annual rate of 19,56% True Faise QUESTION 10 points Save An Consider a loan for $100,000 to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 7% compounded annually. What is the remaining balance of the loan after 2 years? $24389 $75.611 $64.005 $51.222 $63.456 QUESTION 10 10 points Save Answer What is the present value of a security that will pay $30,000 in 20 years of securities of equal risk pay 5% annually Assume annual compounding (round to the nearest dofar and do not include the 5 in your answer.. 30,000) QUESTION 11 10 points Save Answer An investor is considering an investment that pays a cash flow of $368 annually in perpetuity. The first cash flow is in the 5th year. If the interest rate is 5%, what is the present value of this investment?round your final answer to the nearest dollar)

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