of each year for 3 % on your money in other investments with equal risk, what 10. You have a chance to buy an annuity that pays $550 at the besinning years. You could earn 5.5 is the most you should pay for the annuity? (6 points) 11. Your grandmother just died and left you $100,000 in a trust fund that pays 6.5% interest. You must spend the money on your college education, and you must withdraw the money in 4 equal installments, beginning immediately. How much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account? (6 points) 12, what is the present value of the following cash flow stream at a rate of 12.0%? (7 points) Years: CFs: $o $1,500 $3,000 $4,500 $6,000 13. What's the present value of $1,525 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly? (8 points)