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How much would you be willing to pay today for an annuity that promises to pay $4,958 per year for 9 years, beginning exactly one

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How much would you be willing to pay today for an annuity that promises to pay $4,958 per year for 9 years, beginning exactly one year from today. Your relevant interest rate is 5 percent. DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR. Assume your charge $7,500 to your credit card. You make the minimum payment of $300 per month. The monthly interest rate is 1.0%. How many months will it take to pay off your card? O 34.11 months. O 28.91 months. O 12.62 months. O 10.59 months. O None of these are correct. She You are buying a 'starter home' that costs $135,000. You have enough money saved to make a $7,500 down payment. If you finance the balance at 3.0% APR for 30 years, how much will your monthly payment be? O $ 787.74 O $ 1,220.49 O $ 880.49 O $ 537.55 None of these are correct

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