QUESTION 33 A $1,000 per year deferred annuity begins in year 4 and ends in year 38. Using a discount rate of 9%, what is the present value of the deferred annuity? $8,160 $12,387 $11,412 $10,567 none of these QUESTION 35 A 30,000 car loan is made at an interest rate of 6%, with monthly payments of $912.66. What is the balance on the loan at the end of the third month? $28,491 $25,457 $27,260 $27,701 none of these