Question 4 2 pts An ordinary annuity has a present value of $22,000. What would be the present value if the first payment were not received until the end of year 9? Assume a cost of capital of 11%. Question 5 2 pts What is the present value of a perpetuity that pays $8,000 per year if the cost of capital is 6.6%? Assume payments occur at the end of the year, Question 6 2 pts You want to buy a house and have determined you can afford a 30 year mortgage with monthly payments of $1.765. If the APR on the loan is 4.6%, how much home can you afford to buy