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Number 1 and 4 worked out please Choose the best answer from the choices provided. /1.What is the future value of $600 invested at the

Number 1 and 4 worked out please image text in transcribed
Choose the best answer from the choices provided. /1.What is the future value of $600 invested at the beginning of each year, five years from now at 12 % interest? a. $2,274.47 b. $2,987.66 e. $4,269.11 c. $3.357.81 d. $4,029.37) 2. What is the present value of rceiving $1000 four years from now at 5% interest. a c. $1060.00 b. $822.70 d. $1,262.4 3. If you borrowed $20,000 at 7% interest to buy a car and agreed to make payments at the end of each year for 4 years, what would be the payment? a. $4,619.50 b. $4,747.93 c. $5,640.24 PnT-29po0 X d. $5,771.83 2952 $5.904,$ 4. Ifyou buy a house for $200,000 and put 20% down and borrow the balance with a 30-year amortizing loan at 6 % interest, what would be the monthly payment at the end of each month? Einnnce Fl69o00 S1,687.71 a. $959.28 b. $1,350.17 c. $1,518.94 e. $9,600.27 f. $11,098.30

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