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QUESTION 1 5 points Save Answer How much is your loan amount today if you are going to repay using 60 equal monthly payments of

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QUESTION 1 5 points Save Answer How much is your loan amount today if you are going to repay using 60 equal monthly payments of $360 with annual interest of 6 % but assuming monthly compounding? A. $18.621.20 B. $5,818.11 OC. $191,926.15 D. $25.117.21 QUESTION 2 5 points Save Answer Calculate the total present value of the following three cash flows: $23 obtained one year from today. $90 obtained two years from today, and $47 obtained three years from today. Use 3% as the interest rate? A. $146.42 OB. $160.00 C. $150.18 OD. $155.34

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