This is my final quiz. And I need you guys' accurate and quick answer. Thank you so much for your hard work. Have a great day! I got 1 hour. Please answer me ASAP. Thanks!! Please help me.. Thank you again.!!!!!!

D Question 1 1 pts If the price of attending Big Benefits University is $38,000 a year, including tuition, fees, books, and foregone earnings, what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate? Which formula would you use to solve this equation? O PVA O PV O PVP OFVP O No formula needed D Question 2 2 pts If the price of attending Big Benefits University is $38,000 a year, including tuition, fees, books, and foregone earnings, what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate? Please select the answer closest to your answer. O $174,028.87 O $190,000 O $44,052.41 O $182,410.20 O $152,962.78Question 3 1 pts If the average college graduate makes $33,000 more every year than the average high school graduate, what is the cumulative marginal benefit of a college education if the average college graduate works for 40 years, assuming a 3% inflation rate? Which formula would you use to solve this equation? O PVA OFVA O PVP O PV O No formula needed Question 4 2 pts If the average college graduate makes $33,000 more every year than the average high school graduate, what is the cumulative marginal benefit of a college education if the average college graduate works for 40 years, assuming a 3% inflation rate? Please select the amount closest to your answer O $762,797.48 O $1,320,000 O $1,100,000 O $2,488,241.57 $358,824.57Question 5 1 pts How much more would you have to pay each month if you had poor credit and could only get a loan at a higher interest rate? The terms for the good credit loan are $20,000, 3% APR, 4 years. The terms on the poor credit loan are $20,000, 8%, 4 years. (Hint: hint you will need to do two calculations of the same formula using the different terms.) Which formula do you need to solve this problem? 0 FVP o PVP O FVA o PVA O No formula needed Question 6 3 pts How much more would you have to pay each month if you had poor credit and could only get a loan at a higher interest rate? The terms for the good credit loan are $20,000, 3% APR, 4 years. The terms on the poor credit loan are $20,000, 8%, 4 years. (Hint: hint you will need to do two calculations of the same formula using the different terms. How much more would your payment be if you had poor credit? Please choose the number closest to your answer. o $45.47 0 $54.78 0 $15.20 0 $62.31 0 $43.02 Question 6 3 pts How much more would you have to pay each month if you had poor credit and could only get a loan at a higher interest rate? The terms for the good credit loan are $20,000, 3% APR, 4 years. The terms on the poor credit loan are $20,000, 8%, 4 years. (Hint: hint you will need to do two calculations of the same formula using the different terms. How much more would your payment be if you had poor credit? Please choose the number closest to your answer. O $45.47 O $54.78 O $15.20 O $62.31 O $48.02 Question 7 5 pts Spouse A Spouse B Market wages 80,000/year 20,000/year Home production 12,000/year 40,000/year Expenses (net of added 50,000/year 50,000/year income) Debt/funeral costs 220,000 220,000 This household has two children and wants to have them financially provided for over the next 25 years in the case of premature death of either spouse. How much life insurance should the household purchase for Spouse A if doing the income approach using a 3% rate? Please select the number closest to your answer O $1,602,005.20 O $1,393,048 O $1,613,048 O $1,822,005.20 $2,300,000 Question 8 5 pts Spouse A Spouse B Market wages 80,000/year 20,000/year Home production 12,000/year 40,000/year Expenses (net of added 50,000/year 50,000/year income) Debt/funeral costs 220,000 220,000 How much life insurance should be purchased for Spouse B if using the expense approach, assuming 25 years and 3% rate? Please select the number closest to your answer O $1,090.655 $870,655 $1,044,786 O $348,262 $428,957.20