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QUESTION 4 What is the present value of an ordinary annuity that pays $550 per year for 11 years at 5%? Assume annual compounding O

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QUESTION 4 What is the present value of an ordinary annuity that pays $550 per year for 11 years at 5%? Assume annual compounding O $322 $941 O $6,050 O $4,569 $4,368 QUESTION 5 You have an investment account that started with $1200 12 years ago and now has grown to $7500. What annual interest rate have you eamed? Assume you made additional contributions to the account. Assume an annually compounded interest rate. (round to two decimals) 22.32% 16.50% 11.81% 14.16% 12.99% QUESTION 6 Find the Future Value of an ordinary annuity that pays $600 per year for 5 years at 4%. Compounding cours once a year O $2,586.08 $2,187.31 $2,671.10 $3,249.79 $729.99 Click Save and Submit to save and submit. Click Save All Answers to save all answers

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