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Alender lends $10,200, which is to be repaid in annual payments of $2,010 for 6 years. Which of the following shows the timeline of the

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Alender lends $10,200, which is to be repaid in annual payments of $2,010 for 6 years. Which of the following shows the timeline of the loan from the lender's perspective? O A Year 6 $2,010 OB Year 1 Year 2 0 $2,010 Year 0 Year 1 -$10,200 $2,010 Year o Year 1 - $10,200 $2,010 Year 3 Year 4 Year 5 $2,010 $2,010 $2,010 Year 2 Year 3 Year 4 $2,010 $2,010 $2.010 Year 2 Year 3 Year 4 $4,010 $6,010 $8,010 Year 3 Year 4 Year 5 $2,010 $2,010 $2,010 Oc Year 5 Year $2,010 $2,010 Years Year 6 $10,010 $12,010 Year 6 $2,010 OD Year 1 Year 2 - $10,200 $2,010 What is the present value (PV) of $200,000 received six years from now, assuming the interest rate is 8% per year? O A. $157,542 B. $120,000 C. $126,034 OD. $220,559 Owen expects to receive $21,000 at the end of next year from a trust fund. If a bank loans more of an interest rate of 76%, how much money can he borrow from the bank on the basis of this information? O A $22,596 OB. 59,759 OC. $19.517 OD. $1,506 What is the future value (FV) of $60,000 in six years, assuming the interest rate is 12% per year? O A. $39,000 OB. $118,429 C. $106,586 D. $100,665 Stella deposits $5,000 in a savings account at a bank that offers interest of 6.2% on such accounts. What is the value of the money in her savings account in one year's ime? O A $4,708 OB $5.310 OC. $7.434 OD $310

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