Acme Insurance is offering you a perpetuity that will pay you and your heirs $$500,000$ per year forever. If the perpetuity costs $$7,500,000,$ what is the compound annual rate of return on this investment?

Question $6$ options:

$9\mathrm{.}50\%$

$11\mathrm{.}00\%$

$7\mathrm{.}50\%$

$5\mathrm{.}00\%$

$6\mathrm{.}67\%$ The appropriate discount rate for the following cash flows is $5$ percent compounded monthly. $$What is the present value of the cash flows? $$Year $1$ CF$=200,$ Year $2$ CF$=800,$ Year $3$ CF$=500,$ Year $4$ CF$=1500$

Question $7$ options:

$$2,807$

$$2,695$

$$2,573$

$$2,729$

$$2,495$ You invested $15,334\mathrm{.}80$ into an account that pays $4\mathrm{.}40\%$ interest. How much money will you have in $17$ years?

Question $8$ options:

$30,008\mathrm{.}68$

$29,531\mathrm{.}07$

$33,563\mathrm{.}03$

$31,885\mathrm{.}01$

$35,223\mathrm{.}29$