A) Suppose V_n is the value of an asset at a time point that is n periods after the reference point. If V₁₆=685 and the discount rate is 4% per period, then V_-22=_________.

B) In the next six years, there will be six cash inflows: $338, $227, $314, $364, $271, $367, all received at the end of each year. The interest rate is 5.1%. Find the FV of the cash flows in 8 years.

C)The effective annual interest rate of a loan is 9.7%. The customer needs to make 6 payments a year. The APR of the loan is ____%.

D) In the next 5 years, you will receive $548 at the end of each year. The discount rate is 6.7%. The present value of the annuity is ________.