16 (1 point) TVM Question: A REGULAR ANNUITY will have equally-sized, equally-spaced payments at the BEGINNING of the period, and an ANNUITY DUE will have equally-size, equally- spaced payments at the END of the period. True False Question 17 (1 point) TVM Question: Assume that you have a 4-year-old son and want to have $150,000 in his college fund when he starts college. You expect to earn an 8% return on his college-fund investments. If you want to deposit a single amount now, how much do you need to invest today to have $150,000 when he starts college 14 years from now? $51,069 $440,579 $10,714 $89,135 Question 18 (1 point) TVM Question: You just discovered a winning lottery ticket in your coat pocket (congratulations!). The lottery jackpot is $45,000,000 and your winnings will be paid out in equal-sized installments of $1,800,000 paid at the end of each year for 25 years. How much is the jackpot worth today, assuming an annual interest rate of 7% ? $29,267,663 $8,291,213 $206.450 $45,000,000 Question 19 (1 point) Bonds Question: If a bond's price is 94.5, the bonds are trading at a PREMIUM. 00 True False