Question Completion Status 24 years 25 years 26 years QUESTION 25 Assure you have been investing $50,000 a year for the past 4 years into an investment brokerage account. Today, your portfolio is valued at $322.00 What rate of return was earned on your investment? 12.4396 14.0696 15.2596 15.6796 32.8796 QUESTION 26 What is the future value of $100 invested for 4 years with continuous compounding of 5%. $121.55 $121.88 $122.10 $122.51 $122.14 lick Save and Submit to save and submit. Click Save All Answers to save all answers. XU Remaining Time 39 minutes, 12 seconds. Question Completion Status QUESTION 23 Congratulations, you won $2,000,000 in the lottery! The payout is $100,000 a year for 20 years, beginning today. You are approached by LottoNow, a firm that buys the rights to future payouts. If your relevant discount rate is 6%, what is the minimum amount to the nearest dollar) you would accept to trade your rights to the lottery payments (assuming you haven treceived any payments yet? 5987.261 $1,146,992 51.215,812 $2,000,000 QUESTION 24 Xenda Corp plans to open a new facility, but first needs to save $150 million. The firm began saving for this project four years ago and currently has $22.5 million. The firm will add $25,000 a month to this savings account. The rate of return is 8.2 percent, compounded monthly. How long to the nearest year) will it be from now before the company can expand? 22 years 23 years 24 years 25 years 26 years QUESTION 25 Click Save and Submit to save and submit. Click Save All Answers to save all answers