Charlene deposited $3,000 into an account paying 10% annual interest. She withdraws $1,206 at the end of year 1, and another $1,206 at the end of year 2. How much money is left in the account at the end of year 2 after she completes the withdrawals? Multiple Choice $1,097.40 $1,206.34 $587.32 $1,326.97 How much money do you have to put in the bank today to be able to withdraw $1,000 per year, for five years, with the first withdrawal 1 year from today? The interest rate is 12%. Multiple Choice O $3,604.78 O $4,037.35 $4,604.78 $3,746.25 You are planning to purchase a $1,000 zero-coupon bond that matures 20 years from today. Zero-coupon means that the bond will pay no coupon, it will just return the face value in 20 years. If the interest rate is 7%, how much should you pay for the bond? Multiple Choice $629.56 $258.42 $1,000 $50