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If the appropriate discount rate for the following cash flows in 11.7 percent per year, what is the present value of the cash flows? $71,
If the appropriate discount rate for the following cash flows in 11.7 percent per year, what is the present value of the cash flows? $71, 407.19 $74, 221.80 $78, 270.77 $80, 407.16 $81, 121.03 A recent alumnus of your university gifted money to the school to fund annual scholarships students in need. The school expects to earn an average rate of return of 5.5 percent and $50,000 annually in scholarships. What was the amount of the gift? $384, 090.91 $485, 293.05 $615, 384.62 $658, 929.38 $909, 090.91 The house you want to buy costs $185, 250. You plan to make a cash down payment of 10 percent and finance the balance over 20 years at 4.25 percent. What will be the amount of monthly mortgage payment? $1, 032.42 $1, 193.63 $1, 212.50 $1, 287.50 $1, 414.14
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