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What is the present value of the following uneven cash flows assuming an interest rate of 5% ? CFs: A. 54,842.73 B. $4,062.43 C. $4,335.33

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What is the present value of the following uneven cash flows assuming an interest rate of 5% ? CFs: A. 54,842.73 B. $4,062.43 C. $4,335.33 D. $4,214.88 American Express and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is stated to be 17.99%, with interest paid monthly, what is the card's EFF\% (EAR)? A. 20.30% 8. 18.45% c. 18,66% D. 19.55% Suppose David juat won the state lottery, and you have a choice between receiving $3,000,000 today or a 20-year annuity of $250,000, with the fint payment coming one year from today. What rate of retum is built into the annuity? Disregard taxes. A. 4.52% A. 5.45% c33.45% 0.6,15) Your uncle has $795,000 and wants to retire. He expects to live for another 30 years and to eam 7.5% on his invested funds. How much could he withdraw at the end of each of the next 30 years and end up with zero in the account? A. $70,033.18 B. 569.878.35 C.S68,011.58 D. 567,313.63

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