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anvas X CO Question 20 1 pts You intend to buy a vacation home in seven years and plan to have saved $50,000 for a

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anvas X CO Question 20 1 pts You intend to buy a vacation home in seven years and plan to have saved $50,000 for a down payment. How much money would you have to place today into an investment that earns 8% per year to have enough for your desired down payment? $29.175 $29,100 $37,065 $25,000 Question 21 1 pts Which of the following is NOT an example of ordinary annuity cash flows? Salary receive at the end of the month Rent payments due at the start of the month Mortgage payments due at the end of the month Car loan payments due at the end of the month D Question 22 1 pts Marty has been offered an injury settlement of $10,000 payable in 5 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 4%. (The opportunity cost is the interest rate in this problem.)

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