i need help with questikn 1 and 2

R . UT les, SECUIUS. Question Completion Status: QUESTION 1 What is the present value of a perpetual $200 quarterly payment if interest rate is 8%? a $40,000 b.$10,000 c. $5,000 d. $2,500 QUESTION 2 interest rate is 6% per year? Round number to integer How long will it take to pay off a $80,000 loan at a monthly rate of $2.000 a. 12 b.18 C. 30 d. 32 QUESTION 3 Downtown Bank charges interest rate of 15% compounded monthly Suburban Bank charges interest rate of 15 8 bank would you borrow assuring you desire a 5-year loan? compounded annually a. Suburban Bank b. Downtown Bank Click Save and Submit to ove and submit Chick Sell Ann o scall answers 3 de un 7 rob / WETU slock z LxBN