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Question 6 1 pts What is the time 0 value of the following cash flows?...

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Question 6 1 pts What is the time 0 value of the following cash flows? Assume the discount rate is 6%. Date Cash Flow 1 $2,000 2 3 $1,500 $2,500 $4,000 4 O $8,998.56 O $7,668.92 O $8,062.57 O $8,489.21 O $9,338.13 D Question 7 1 pts Thirteen years ago, Bobby Axelrod invested $150,000. Today that investment is worth $823,862. What annual rate of return has Axelrod earned on this investment? O 11.68 percent O 14.00 percent 13.50 percent O 10.87 percent 09.74 percent D Question 8 1 pts If you invest $4,500 in a bank certificate of deposit that pays you 3.75% compounded continuously, how much will you have in 30 months? 0 $4,942.28 O $4,934.65 O $13,860.98 0 $8,261.44 O $5,005.96 Question 9 1 pts loan with a stated rate of 2.75 percent per What is the annual percentage rate on quarter? 11.09 percent O 11.00 percent O 11.27 percent 11.46 percent 11.18 percent D Question 10 1 pts A car dealer quotes an APR of 2.9%. What is the effective annual rate implied by this APR if the payments are monthly? 40.92 percent 12.43 percent 04.09 percent 2.90 percent 2.94 percent

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