Question 30 1 pts If you borrow $100.000 at an annual rate of 8.00% for a 10-year period and repay the total amount of principal and interest due of $215,892.50 at the end of 10 years, what type of loan did you have? Amortized loan Interest-only loan Discount loan Compound lom 1 pts D Question 31 The financial management function is generally defined as: those activities which reduce revenue for an individual wall business of corporation the movement of money from ender to borrower and back again those activities which reduce cash outflows for the individual business or corporation those activities which create or preserve the economic value of the sets of an individual business or corporacion Canvas 4 XCO Question 32 1 pts Your parents have an investment portfolio of $450.000. and they wish to take out cash flows of $60.000 per year as an ordinary annuity. How long will their portfolio last if the portfolio is invested at an annual rate of 4.50%? 8.00 years 9.10 years 9.35 years 10.14 years D Question 33 1 pts You currently have $67.000 in an interest earning account. From this account, you wish to make 10 year-end payments of $8.500 each. Whutannual rate of return must you make on this account to meet your objective 4.16 4.50 7.32 Question 34 1 pts Which of the following is NOT an example of an equity market transaction? Mary sells her shares of Apple stock Mark contacts his broker and requests a purchase of IBM bonds Sahid buys shares of a small company stock traded on the NASDAQ Microsoft repurchases 10.000 shares from its existing shareholders Question 35 1 pts Arvidas recently won the Central States Lottery of $3,500,000. The lottery pays either a total of twenty $175,000 payments per year with the first payment today, or $2,000,000 today. At what interest rate would Arvidas be financially indifferent between these two payout choices? 6.04% 6.36% BON 8.00% Submit No new data to save Last checked at 12