Question 14 (4 points) An investment opportunity exists that you can buy (i.e., invest in), that will pay you a guaranteed, and fixed, amount of $1,800 per year, at the end of each year, forever. If your required rate of return on this type of investment is 7.50% per year, what would be the appropriate price, or current value of this investment opportunity? [Round your answer to the nearest whole dollar amount.) Your Answer: Answer Assume you deposit $800 per year, at the beginning of each year, for the next 10 years. You earn 9% per year on the account. What will be the balance in the account at the end of the 10 year period? [Round your answer to the nearest whole dollar: If your answer is 789.87, enter your answer as 790. Do not enter a $ sign.] Your Answer: Question 16 (4 points) Assume you make a single deposit of $9,600 today in an account earning 7% per year, compounded quarterly (4 times per year). How much will be in the account 5 years from now (rounded to the nearest $)? [If your calculated solution is 85.31, enter your answer as 85, rounded to the nearest whole number.) Your Answer: Answer Question 17 (7 points) Main Street Bank has granted you a seven-year loan for $50,000. You must repay the loan by making monthly payments, at the end of each month. If your monthly payments are $730.43, what is the rate of interest that Main Street Bank is charging you (Calculate the rate taking into account the fact that you are making monthly payments, but state your final answer (the rate) on an annual basis as an APR)