What is the present value of $25,000 to be received 8 years from today if the interest rate is 16 percent? $7,297.26. $7,625.64. $13,506.72. O $2,326,01. What is the interest rate in a 7-year ordinary annuity of $4,200 which has a present value of $20,000? 11.43%. 13.88%. 13.07%. 10.68%. Bob is saving for his retirement. He plans to invest $5,000 each year for 35 years in an account that pays 8% interest. Reference: Ref 3-2 How much will Bob have at the end of the 35 years if he makes his deposits at the beginning of each year? O $825,724.88. O$930,510.74. $731,908.08. $861.584.02. What is the interest rate in a 18-year ordinary annuity of $10,000 that has a future value of $350,000? 8.09%. 9.53%. O 7.30%, 9:98%. What is the future value of an ordinary annuity of $800 per year that lasts for 17 years at an interest rate of 14%? $47,294.08. O $37,682.14. $30,064.85. $63.183.32