What the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $3,000at the end of Year 4 if the interest rate is 5%? Sam was injured in an accident, and the insurance company has offered him the choice of $25.000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%. how large must the lump sum be to leave him as well off financially as with the annuity? Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their monthly statements. If the APR is staled to be 18.00%, with interest paid monthly, what is the card's EFF%