Finding how much a future cash flow is worth today is called Annuity Perpetuity Future Value O Present value Question 20 1.25 pts Assume that you deposited $1000 in a bank that offers you 12% annual interest rate. If the bank compounds the interest rate monthly, the amount of money you find in your account in the 5th year is O $1,051.01 O $1.596.93 $1.762.34 $1,816.70 D Question 21 1.25 pts Assume that you accumulated for your retirement $897,368 and you are now 65 year old. Assume further that you expect to live 25 years more. If you can earn on you your retirement money 7.5%, your annual income would be $80,503.49 O $40,256.98 O $60,371.23 O $35,894.72 Question 22 1.25 pts If the interest rate is greater than zero (r>0), then the time value of money theory tells that for the same cash flow now and in the future, O Present value future value Present value future value