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What is the present value of $2,000 per year, at a discount rate of 9 percent, if the first payment is received 7 years from

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What is the present value of $2,000 per year, at a discount rate of 9 percent, if the first payment is received 7 years from now and the last payment is received 25 years from now? $4,502.66 O $10,441.39 O $10,459.86 $10,673.32 You just paid $365,000 for an annuity that will pay you and your heirs $12,400 a year forever. What rate of return are you earning on this policy? O2.70 percent 03.97 percent 0 4.40 percent 03.40 percent 5.60 percent You want to have $58,000 in your savings account 7 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.5 percent interest, what amount must you deposit each year? O $6,805.22 $3,770.02 $8,285.71 $3,769.98 $10,595.17

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