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Question 21 (4 points) You are valuing an investment that will pay you $22,000 per year for the first 9 years, $26,000 per year for

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Question 21 (4 points) You are valuing an investment that will pay you $22,000 per year for the first 9 years, $26,000 per year for the next 12 years, and $39,000 per year the following 15 years (all payments are at the end of each year). If the appropriate annual discount rate is 8.00%, what is the value of the investment to you today? $234,742.62 $301,764.53 $1,095,000.00 $751,529.04 $1,218,954.00 Question 22 (4 points) John and Peggy recently bought a house. They financed the house with a $236,000, 30-year mortgage with a nominal interest rate of 6.38%. Mortgage payments are made at the end of each month. What total dollar amount of their mortgage payments during the first 7 years will go towards repayment of principal? $21,061.49 $100,693.06 $23,047.75 $112,000.89 $29,693.34

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