QUESTION 7 Jeffrey wants to have $100,000 in the bank in 10 years; bank pays interest at 12% compounded quarterly, how much does he need to put in today? A. $ 32,197.32 O B. $31,180.47 OC. $ 30,655.68 D. none of the listed choices O E. $74,409.39 QUESTIONS Matt will sell you a new thing for $2,000. The deal is 10% down and the rest payable in four equal annual payments that include interest at 2%. You called the bank and they said that they would charge you 10% for a similar loan. How much are you really paying for the thing under Matt's deal? A. $ 1,372.88 B. $ 1,698.47 OC. $ 1,800.00 OD. $ 1,498.47 E. $ 2.000.00 QUESTION 9 Which of the following best describe what happens when a business issues bonds at discount? O A revenue increases and assets increase B. expenses increase and assets decrease OC. assets decrease and liabilities increase OD. assets increase and liabilities decrease E. assets increase and liabilities increase