Question 13 (1 point) A great benefit of saving money early for retirement is that your money grows at a compounded annual rate; thus, you are getting interest on your interest which becomes a huge factor as the years pile on. True False Question 27 (4 points) What is the present value of a perpetuity with payments starting one year from now. The first payment is $15,000. Assume a discount rate of 12%. $125,000.00 $87,500.00 $500,000.00 $475,329.73 $312,500.00 Question 30 (5 points) You just bought a new TV for $2,559.72 on your credit card; assume no other purchases The APR is 18% and monthly payments. What is your monthly payment if you seek to pay off the balance at the end of 5 years from now? Round to the nearest whole number and use the $ symbol ($98 would be the form of a correct answer) A