Question 4&5

Question Completion Status QUESTION 4 Suppose that on your 21st birthday you are given a $1,000,000 tust fund. If you can earn 4% in annua "pound interest, how much money can you withdraw each year to ensure that if there is money in the account forever? $25,000.00 $47,619.05 $40,000 00 $31,280.11 0 None of these QUESTION 5 How large a mortgage can you borrow now if you can afford to pay S12000 per year for the next 30 years and the interest rate is 425%? None of these $41,827.62 $5.274.73 $201,348.21 $701,826.36 Click Save and Subnit to save and submit. Click Save All Ansuvers to sqve all ansuvers Save All A Type here to search