Question 15 (3.5 points) You are valuing an investment that will pay you $27,000 per year for the first 4 years, $37,000 per year for the next 8 years, $50,000 per year the next 13 years, and $42,000 per year for the following 11 years (all payments are at the end of each year). If the appropriate annual discount rate is 15.00%, what is the value of the investment to you today? $959,537.46 $179,591.53 $1,516,000.00 $230,867.11 $1,687,611.20 Question 16 (3.5 points) You are offered an investment with a quoted annual interest rate of 10% with quarterly compounding of interest. What is your effective annual interest rate? 9.74% 10.22% 10.38% 10.72% 10.00%