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QUESTION 8 What is the present value of a 5 period annuity of $3,000 if the interest rate is 12% and the first payment is

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QUESTION 8 What is the present value of a 5 period annuity of $3,000 if the interest rate is 12% and the first payment is in one period? O 9,112 O 10,814 O 12,112 O 13,200 QUESTION 9 What is the value of a perpetuity that starts in one year, that pays $10 per year and has an interest rate of 10%? O $80 O $90 O $100 O $110

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