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QUESTION 1 Alelse equal, higher APRs results in which of the following? O higher present values lower future values fewer number of periods per year
QUESTION 1 Alelse equal, higher APRs results in which of the following? O higher present values lower future values fewer number of periods per year higher effective annual rates QUESTION 2 Consider a perpetuity with the first cash flow at the end of year 1. If the invested funds of the perpetuity could earn 8% per year and the perpetuity paid $956 per year, what is the present value of the perpetuity? (round to the nearest dollar) QUESTION 3 Find the present value of $4,466 discounted for 9 years at 2%. Assume annual compounding. (round to the nearest whole dollar) QUESTION 4 What is the present value of an ordinary annuity that pays $550 per year for 11 years at 5%? Assume annual compounding $322 $941 $6,050 $4,569 $4,368 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All A
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