Question: D Question 48 2 pts What is the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%,

D Question 48 2 pts What is the present value of $1,000,000 to be received in 20 years assuming an annual interest rate of 5%, compounded monthly? O $401,877 $368,644 O $2,653,297 O $4,000,000 D Question 49 2 pts What is the monthly payment for a home loan of $400,000 financed at today's rate of 3.5% for a 30- year mortgage? $856.75 $1,796.18 O $5,312.63 $582.98

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