Matt can afford to pay $300 per month for the next 7 years for a business loan. At a rate of 6.50% per year, how much money can Matt borrow today? $193.05$20,202.79$31,804.02$25,200.00 Question 2 0.5 pts What is the PV of a $400 monthly annuity if it's in an account that makes 7% for 13 years? Assume that compounding and payments have the same frequency. $41,058.13$101,332.32$62,400.00$40,896.70 Cindy can afford to pay $5,000 per year for the next 10 years for a business loan. At a rate of 5.00% per year, how much money can Cindy borrow today? $3,069.57$18,953.93$2,889.46$38,608.67 Question 4 0.5pts What is the PV of a $50 monthly annuity if it's in an account that makes 9.5% for 25 years? Assume that compounding and payments have the same frequency. $15,000.00$60,953.31$5,722.81$5,727.50 Aaron is receiving $80 every month for some money he loaned to a friend. If the loan lasts 2 years and has an 8.5% interest rate, how much was the original loan amount? $1,920.00$2,084.83$1,759.96$67.96 Question 6 0.5 pts PMT=$5,000 per year for 10 years. At a rate of 7.00% per year, how much is the PV of the payments? $50,000.00$69,082.24$24,342.09$35,117.91