hw help multiple choice questions

Glen wants to take a holiday that costs 88,850, but currently he only has $2,750 saved. If he invests this money at 8 percent interest compounded annually, the length of time he will have to wait to take his holiday is closest to a. 15.19 years 6.13.52 years Oc 1625 years O d. 12.36 years O 14.12 years Joey is planning to invest his savings in a fixed income fund. He manages to deposit 5700 at the end of the first year, 5500 at the end of the second year, 5300 at the end of the third year, and $600 at the end of the fourth year. If the find cams 6 percent interest each year, the terminal value of this uneven cash flow stream at the end of Year 4 is closest to a 2.314 OD $1,855 Oc51,784 d.52.355 O $2,097 William buys 20 shares of Zync Corporation at $18.5 per share. Zync pays dividend at the end of cach year on the basis of profits made during the year. In its 25 years history, Zyng has paid dividends every year without fail. William's initial investment and the receipt of dividend at the end of every year is referred to as and respectively a. lump-sum payment; annuity duc b. lump-sum payment, uneven cash flows clump-sum payment ordinary annuity Od uneven cash flows, ordinary annuity e uneven cash flows, annuity doc Paul wants to accumulate $14,500 in order to make the down payment for a new condo. Today be can start investing $2,500 annually in an investment account that pays 10 percent interest compounded annually. How long would it take him to have enough money to make the down payment? Oa: 4.80 years b.7.60 years O 3.50 years d. 5.90 years O 6.10 years