You expect to incur two expenses in the future: $500 two years from now and $3,000 eight years from now. What amount of money saved and invested today would allow you to take care of these two future expenses exactly? Assume an annual percentage rate (APR) of 10% with quarterly compounding. A) $1,771.6849 B) $1,683.2040 C) $995.9458 OD) $1,453.6312 E) $2,143.6205 compounding is the strongest form of compounding. A) Effective B) Continuous C) Elliptical D) Discrete Question 34 (1 point) Saved You have accumulated the amount of $5,000,000 in your retirement account. During the 30 years of your retirement, you want to withdraw a constant sum of money at the end of each year to support your standard of living. However, 30 years later you would like to have left in the retirement account exactly $1,000,000 to be given to philanthropy. Assuming that your retirement account can earn 9% annual rate of return over the next 30 years, what is the constant sum of money you can afford to withdraw each year? A) $510,823.38 B) $238,761.96 C) $479,345.41 D) $341,228.65 Question 30 (1 point) Saved Consider the following project: Year Cash Flow (A) 0 -$365,000 1 38,000 2 47,000 34 62,000 455,000 The required return on this project is 13 percent. What is the IRR for project A? A) 22.18 % B) 26.54% C) 15.41% D) 19.81% E) 17.04% Question 13 (1 point) Saved You currently have $50,000 in a stock account, and you plan to add $9,000 per year at the end of each of the next 10 years to the account. If the stock account earns a return of 7 percent per year over the next 10 years, how much will you have in the stock account when you retire? Assume annual compounding. (Note: $50,000 will be invested over the next ten years and also an annual annuity of $9,000 over the next 10 years). OA) $341,608.71 B) $259,563.28 C) $222,705.60 OD) $158,429.53 Question 23 (1 point) Saved You also currently have $250,000 in a stock account. If the stock account earns a return of 10.5 percent per year over the next 10 years, how much will you have in the stock account when you retire? Assume annual compounding. a) $678,520.21 b) $1,019,820.39 c) $751,743.72 d) $901,225.81