raises of 3.1 percent? A) $81,582.23 392.02 C)$77,895.02 D)37,122.08 B) $36,736.00 16) You want to buy your dream car five years from now. Today, that car costs $65,500. You expect the price to 16) increase by an average of 2.8 percent per year over the next five years. How much will your dream car cost by the time you are ready to buy t? A) $67,334.01 ) S58,666.67C)$73,149.90 D) $58,340.00 $75,198.10 17) You just reoeived an insurance settlement offer related to an aocident you had The offer provides you with three choioes: 17) Option A: $3,400 a month for 6 years Option B: $2,825 a month for 10 years Option C: $235,896.45 as a lump sum paymeat today You can earn 6.5 percent on your investments and do not oare if you personally receive the funds or if they are your hoirs sbould you die within the setlement period. Which option should you select and why is that option j A) Option B: It has the greatest value today B) Option C: It is all paid today C) Option B: It pays the grentest number of payments D) Option C: It pays the largest total amount B) Option A: It provides the largest monthly payment 18) Sue plans to save $6,500, S1,000, and $4,500 at the end of each of the next three years, respeatively. What 18) will her investment account be worth at the end of the third year if she earns an annual rate of 6.25 peroent? A) $11,987.50 B) S12,000.00 C $12,592.19 D)S12,778.94 $9,907.11