FINANCIAL MANAGEMENT urgentttt mcqs i need final answers only ASAP plzz

Amir has won the lottery and can receive either $60,000 today, OR $10,000 one year from today plus $25,000 two years from today plus $35,000 three years from today. He is planning to use the money to pay for the university education of your daughter in 15 years. Which option should Amir take up? Select one: O a. The first option, if the interest rate is more than 6.81%. O b. The second option, since getting $70,000 is better than getting $60,000 regardless of the interest rate. O c. The second option, if the interest rate is more than 6.81%. O d. The first option, if the interest rate is less than 6.81%. Your son Phil will be attending a very well-known, expensive university, starting in 12 years. You deposit $5,000 per year for 12 years, beginning today. How much money will be in the college fund 12 years from now, if the fund earns 8% per year? Round your answer to the nearest dollar. Select one: O a. $102,476 b. $40,695 O c. $94,886 O d. $37,680 ge Next page Which of the following statements is INCORRECT? Select one: O a. If the future value of annuity A is greater than the future value of annuity B; then the present value of annuity A must also be greater than the present value of annuity B. O b. If future value of an annuity is known, then present value of the annuity can be found using the present value of a lump sum formula, even if the amount of each annuity payment is unknown. O c. The price of a computer today is $400 and inflation is 5% per year. Therefore, in two years the price of the computer is expected to be $440. O d. Future value of an annuity will increase, if the interest rate goes up; but the present value of the same annuity will decrease as the interest rate goes up. 16. 04. 2021 Van is considering an investment opportunity with different cash flows that all take place at the end of the year and are as follows: $400 i Year 1, followed by $600 in Year 4, and then again $600 in Year 8. Assuming a 15% discount rate, calculate the present value of these cash flows. Select one: O a. $661.23 O b. $887.02 O c. $744.56 d. $856.49 What is the present value of $500 per year, discounted at 9% annually? Round your answer to the nearest dollar. Select one: O a. $20,000 O b. $5,556 O c. $6,875 O d. $3,333 Next page