Question 15 4 pts Appalachian Bank offers you a $135,000, nine-year term loan with a monthly payment of $1,722.74. What is the APR on this loan? 0.625% 6.95% 7.25% 7.50% An investment will pay a total of 8 semiannual payments of $6,200 each beginning exactly 6.5 years from now. What is the value of this investment 4 years from now if the discount rate is 7.00% compounded semiannually? $37,140 $38,399 O$40,687 O $41,812 A credit card charges APR of 14.90% compounded quarterly. What is the Effective an Annual Rate charged on the card? 14.90% 15.23% 15.54% 15.75% Question 24 4 pts If a loan is to be repaid in one lump sum payment of $15,000 one year from now, then how much will be received today if the APR is 10.6%? $12.550 $13,562 $13,762 $14.038