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The present value of a 15 year $2,000 annual ordinary annuity payment earning 15% is $13,448.95. Select one: O True O False Assume you have

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The present value of a 15 year $2,000 annual ordinary annuity payment earning 15% is $13,448.95. Select one: O True O False Assume you have a spreadsheet with the value of 10 in A1 and the value of 15 in A2. The IF statement in A3 of: = if(A1 > A2, A1*2.A23) will result in what value? Select one: O A. 10 O B.15 O C. 20 D. 45 O E. None of the answers are correct. Create a five year quarterly amortization schedule for the following loan: You will be borrowing $10,000. You plan to make quarterly payments at the end of each quarter and pay off the loan in five years. The annual interest rate is 6%. What is the ending balance after the 4th payment is made? Select one: O A. 8,078.99 OB. 8,230.86 C. 8.100.61 O D. 7,670.17 E. None of the answers are correct. The present value of a 15 year $2.000 annual ordinary annuity payment earning 15% is $13,448.95. Select one: True False

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