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You would like to purchase a 10 year annuity for $750. The rate of return is 8.5%. From this annuity, what is the annual cash

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You would like to purchase a 10 year annuity for $750. The rate of return is 8.5%. From this annuity, what is the annual cash flow that will you receive? O $70.77 O $114.31 O $124.13 O $102.96 O $104.33 Question 10 Your car needs a new engine and it cost $6,000. You currently have $1,100 to invest at 7% compound annually, how long will you have to wait to buy the engine? 14.20 years 14.83 years 25.07 years 23.97 years 12.39 years Previous Next Time R Attempt 1 Hour You and your dog Theodore I have found a home to buy that is selling for $120,000: you will put down $20,000 and obtain a 20-year fixed-rate mortgage for the remainder. Assume that monthly payments begin in one month. What will each payment be if the interest rate you borrow at is 7%? 24/7 P O $665.30 O $751.27 O $775.30 O $757.76 O $901.52

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