Question: 9 (1 point) The present value factor is the inverse of the future value factor. Question 9 options: True False Question 10 (1 point) Suppose

9 (1 point) The present value factor is the inverse of the future value factor. Question 9 options: True False Question 10 (1 point) Suppose you are offered an investment that pays $15,000 in five years. If you expect to earn a 10% return, what is the value of this investment today? Question 10 options: $6,092 $6,029 $9316 None of the above Question 11 (1 point) A loan is given at 4% compounded semi-annually for 5 years, the loan is compounded for ____________ times. Question 11 options: 5 10 20 4 Question 12 (1 point) Only values at the same point in time can be compared or combined. Question 12 options: True False Question 13 (1 point) A dollar today and a dollar in one year are not equivalent. Question 13 options: True False Question 14 (1 point) Saved Future values are equivalent to present values if interest rates are _________. Question 14 options: 0 4 times less than future value 4 times less than present value None of the above Question 15 (1 point) Formula for calculating the future value of a sum is : FV=PV(1+i)^n Question 15 options: True False

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