QUESTION 6 An investment will pay you $120 in one year and $200 in two years. If the interest rate is 4%, what is the present value of these cash flows? 1. A.$304.91 B. $307.69 C.S300.29 D. $320.00 C C AY QUESTION 13 1. A lender lends $18,600, which is to be repaid in annual payments of $3100 for 6 years. Which of the following shows the timeline of the loan from the lender's perspective? r A.1 Year 1 YearYear 5 Year 6 $3,100 $3,100 $3,100 $3,100 ear ear 3 - Year 2 Year 3 Year 4 Year 5 Year 6 $3,100 $3,100 $ ear 1 0 3,100 $3,100 $3,100 c C Year 0Year Year 3 Year 4 Year 5 Year 6 -$18,600$3,100$3,100 $3,100 $3,100 $3,100 $3,100 Year 2 Year 3 Year 4 Year 5 Year 6 Year 2 Year 1 -$18,600 S3,100 S6,100 $8,100 $8,100 $9,100 $10,100