SECTION IV TIME VALUE OF MONEY 20 POINTS (5 POINTS EACH) IF USING EXCEL FOR CALCULATIONS, INDICATE FACTORS USED FOR ALL "ARGUMENTS" ALL PERCENTAGES AND DOLLAR AMOUNTS SHOULD BE EXTENDED 2 DECIMALS 1. Your uncle offers you a choice of $115,000 in 10 years or $52,000 today. If the money is discounted at 9%, which should you choose? 2. If you invest $9,500 per period for the following number of periods, how much would you have? A. 10 years at 10% B. 15 years at 9% 3. Mrs. Crawford will receive $9,600 a year for the next 18 years from her trust. If a 12% interest rate is applied, what is the current value of the trust? 4. You invest $15,000 in a rare, mint condition coin. You expect the coin to increase in value 12% per year for the next 10 years. How much will your coin be worth after 10 years