Mark Tom and Antonio both want to open savings accounts today. Tom wants to have $1,000 in his savings account six years from now. Antonio wants to have $1,000 in his savings account three years from now. Which of the following statements is/are) correct assuming that both Antonio and Tom eam the same rate of interest? Assume that the interest rate is greater than zero and less than 20%. 1. Tom needs to deposit more money into his account today than does Antonio II. Tom will need to deposit twice the amount of money today as Antonio M. Antonio needs to deposit more money into his account today than does Tom. N. Antonio needs to deposit twice the amount of money today as Tom. 02. Nonly Ob. Wonly oc. Tony 00. and only O e. only unsure Which of the following investments would provide an investor the highest effective annual return? O a. An investment which has an 8.9 percent quoted rate with monthly compounding. Ob. An investment which has a 9 percent quoted rate with monthly compounding. OC. An investment which has an 8.9 percent quoted rate with quarterly compounding. Od. An investment which has a 9.2 percent quoted rate with annual compounding, Oe. An investment which has a 9 percent quoted rate with semiannual compounding. Unsure Previous page 1 2 3 4 5 Next page 5 of 30 Ala 3% rate of interest (compounded continuously), you will triple your money in approximately YEARS. (Please retain at least 6 decimal places in your Mar calculation and 2 decimal places in the final answer Dun Unsure Investment A makes annual payments of $809.64 for each of the next 10 years, while investment B makes annual payments of $542.03 per year forever. At what interest rate would you be indifferent between the two investments? Assume payments for both investments begin today. The interest rate is %. Note: Please retain at least 4 decimal places in your calculation and 2 decimal places in the final answer. ure Previous page 2 3 4 5 6 Next page Fin