heducation.com/ext/map/index.html?_con=con&externalbrowser=0&launchUrl=https%253A%252F%252Fmyclassroom.cput.ac.za%252Fwebapps... Class Test (i Saved Help Save & E Project X has cash flows of $8,500, $8,000, $7,500, and $7,000 for Years 1 to 4, respectively. Project Y has cash flows of $7,000, $7,500 $8,000, and $8,500 for Years 1 to 4, respectively. Which one of the following statements is true concerning these two projects given a positive discount rate? (No calculations needed.) Multiple Choice O Project X has both a higher present and a higher future value than Project Y. O Both projects are ordinary annuities. O Both projects have the same value at Time 0 W X A ENG USMultiple Choice O equal payments paid at the beginning of regular intervals for a limited time period. O equal payments that occur at set intervals for an unlimited period of time. O increasing payments paid forever. O equal payments paid at the end of regular intervals over a stated time period increasing payments paid for a definitive period of time. 1 of 25 Next >\fO Project X has both a higher present and a higher future value than Project Y. Both projects are ordinary annuities. O Both projects have the same value at Time 0. Both projects have the same future value at the end of Year 4. O Project Y has a higher present value than Project X. Saved Help Save & E Your insurance agent is trying to sell you an annuity that costs $50,000 today. By buying this annuity, your agent promises that you will receive payments of $250 a month for the next 20 years. What is the rate of return on this investment? Multiple Choice 1.88% O 2.47% 3.67% 3.75% A ENG US O a S W hp\fHelp Save & Exit Your great aunt left you an inheritance in the form of a trust. The trust agreement states that you are to receive $2,500 on the first day of each year, starting immediately and continuing for 20 years. What is the value of this inheritance today if the applicable discount rate is 4.75 percent? Multiple Choice $28,909.29 $33,338.44 $24,890.88