Question 7 (1 point) Starting today, you invest $100 at the beginning of each month into stocks that are expected to earn 15% per year. How much will your investment be worth in 40 years? Question 8 (1 point) You are needing to borrow money for tuition. Which of the following options is the best choice? A) Bank loan with 10% APR, compounded quarterly B) Bank loan with a 11% APR, compounded annually C) Credit Card with a 10% APR, compounded monthly D) Credit Card with a 10%, APR, compounded daily Question 9 (1 point) You want to have a perpetuity that will pay $5,000 per year forever. You found an investment offering a guaranteed 3.5% per year forever. How much will you need to invest today in order to receive your first perpetuity payment at the end of the year