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Money Market securities: all of these options are short term are highly liquid mature in less than 1 year Question 17 1 pts You're offered

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Money Market securities: all of these options are short term are highly liquid mature in less than 1 year Question 17 1 pts You're offered an investment that promises to pay you $6,855 per year for 26 years. However, it will be 9 years before you receive the first payment. If you require an 5% return, what is this opportunity worth? (Enter the absolute value of your answer to two decimal places.ex: 123.45 instead of -123.45) Question 18 1 pts Afriend offers you an investment that pays $9,698 per year for the next 22 years. Assume you require an 13% return and that you receive the first payment today. What is this opportunity worth to you? Hint: If you change your calculator setting to solve this problem, don't forget to change it back before moving on. (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT-123.45) 6 years ago Marc's Ferrari Driving Company purchased a 612 Scaglietti for $316,354. Today the car was sold for 473,589. What rate of return did Marc's Ferrari Driving Company earn (enter your response as a percentage with 2 decimal places.ex: 12.34 instead of 0.1234) Question 20 1 pts A while back, you invested 1,441. After inquiring at the bank today, you find that you have 17,886 in your account. If your account paid 7% interest, how long was your money invested? (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT-123.45) You purchase a new Ford F-150 and finance 25,950 of the purchase price at a 8% rate. What will your monthly payment be if you finance for 5 years? (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT-123.45) Question 22 1 pts You take out a $182,969 home loan with a 30 year term and an 5.7% interest rate. How much of the 1st payment is applied towards interest? (Enter the absolute value of your response to 2 decimal places. ex: 123.45 instead of -123.45)

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