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D Question 12 15 pts 6 (15 points). What amount of money (at present time) will provide perpetual annual cash flows (starting one year from

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D Question 12 15 pts 6 (15 points). What amount of money (at present time) will provide perpetual annual cash flows (starting one year from now): $20000, $25000, $30000, $20000, $25000, $30000, $20000, $25000, $30000, ......? Assume that the interest is 10% per year. $216.620 $255,220 $293,660 $318,180 Question 2 10 pts 2 (10 points). What amount of money deposited 20 years ago would provide a perpetual payment of $30,000 per year beginning this year (The first withdrawal of $30,000 takes place at the end of this year.), assuming that the interest is 9% per year? $59.470 O $63,900 $67,030 O $70,620 Question 6 5 pts 4. A debt of $25,000 must be repaid in a series of equal payments for 5 years. The nominal annual interest rate is 6%. a (5 pts). If interest is compounded monthly, the amount of payment per month is equal to $483 O $467 $440 O $410 Question 3 8 pts 3. Mary Smith took a car loan of $20,000 to make 60 equal monthly payments. The interest compounds monthly. (a) (8 pts). Calculate the monthly payment for Mary, if the nominal interest is 9% per year. $444 O $392 O $466 O $415

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