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Using his savings from the Jumanji movies, which he invested at an interest rate of 10.1 percent per year, Dwayne The Rock Johnson purchased the
Using his savings from the Jumanji movies, which he invested at an interest rate of 10.1 percent per year, Dwayne The Rock" Johnson purchased the XFL. Now the Hollywood star intends to save $4,300 annually for the next 30 years. If he can still earn the same interest rate, Johnson's account balance in 30 years will be: Multiple Choice $793,657.20 $720.851.22 $689,509.87 $672,794.47 $793,657.20 $720,851.22 $689,509.87 $672,794.47 $129,000.00 The Barstool Fund just provided the owner of 'Gaetano's Tavern' a 5 year 'pandemic assistance' loan. What is the APR of this $26,000 loan given that Mr. Gaetano must make monthly payments to the Barstool Fund of $492.18? Multiple Choice O O 4.73% 4.40% O O O 5.29% O O 5.13% (0) 4.73% 4.40% 5.29% 5.13% 5.86% Congratulations! You just won the Pennsylvania Lotto Wild Ca$h Multiplier their newest scratch-off game. The prize consists of 26 annual payments of $41,500 each. If the interest rate is 5.8 percent, what is the present value of the Wild Ca$h Multiplier prize if you receive the first annual payment in exactly 6 years? Multiple Choice $392,072.51 $428,973.45 O O $392,377.69 O O $415,135.60 $392,072.51 $428,973.45 $392,377.69 $415,135.60 $597,735.29
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