What is the future value of $900 in 22 years assuming an interest rate of 7 percent compounded semiannually? Multiple Choice $1,028.26 $1,120.89 $4,089.01 $3,987.36 $3,884.56 You are planning to make monthly deposits of $170 into a retirement account that pays 9 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 27 years? Multiple Choice $220,853.50 $244,101.24 $2,789,728.41 $232,477.37 $209,555.20 The appropriate discount rate for the following cash flows is 7 percent compounded quarterly. Year AWN- Cash Flow $600 800 0 1,100 What is the present value of the cash flows? Multiple Choice $756.56 $2.131.07 $2,047.49 $2,089.28 $2,098.68