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Helpp urgentt mcqs please help me out :( Noa will need $200,000 per year for 25 years, starting on his 65th birthday, to live on
Helpp urgentt mcqs please help me out :( Noa will need $200,000 per year for 25 years, starting on his 65th birthday, to live on during his retirement. Today, Noa is celebrating his 50th birthday and would like to make equal deposits into an account paying 9% interest per year. Noa will make the first deposit today and the last deposit on his 64th birthday. How much must each deposit be? Round your answer to the nearest dollar. Select one: O a. $66,909 O b. $49,380 O c. $85,840 O d. $99,920 Van is considering an investment opportunity with different cash flows that all take place at the end of the year and are as follows: $300 in Years 4-8. Assuming a 15% discount rate, calculate the present value of these cash flows. Select one: a. $887.02 O b. $744.56 O c. $661.23 O d. $856.49 Next page Which of the following statements is CORRECT? Select one: O a. The present value of an annuity increases as the discount rate increases. O b. If the interest rate is positive, then the present value of an annuity due will be less than the present value of an ordinary annuity. O c. If Joe borrowed $10,000 at 10% per year and promised to pay it back in equal annual installments at the end of each of the next 5 years, then his yearly payment will be $2,100. O d. To evaluate or compare investment proposals, we must bring the value of all cash flows to a common date
Helpp urgentt mcqs please help me out :(
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