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please answer both Consider the following timeline detailing a stream of cash flows: Date ? $5000 $6000 $7000 Cash flow If the current market rate
please answer both
Consider the following timeline detailing a stream of cash flows: Date ? $5000 $6000 $7000 Cash flow If the current market rate of interest is 6%, then the present value (PV) of this stream of cash flows is closest to: O A. $22,271 O B. $26,725 O C. $11,136 OD. $35,634 You currently have a one year old loan outstanding on your car. You make monthly payments of $500. You have just made a payment. The loan has four years to go (.e., it had an original term of five years). Show the timeline froin your perspective. How would the timeline differ if you created it from the bank's perspectivo? Show the timeline from your perspective. (Select the best choice below.) O A. Month 0 1 - $500 - $500 - $500 - $500 - $500 Cash Flow O B. Month - $500 2 -$500 - $500 -$500 Cash Flow OC. Month 0 1 - $500 2 - $500 3 Cash Flow $500 $500 $500 $500 $500 $500 Step by Step Solution
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