In the following multiple choice questions, please make only one choice per question. You borrow some money from a credit union to be repaid in five annual installments of $1, 200. What is the initial loan amount, if the interest rate is 11%? $4, 783.40 $5, 284.03 $6, 406.84 $4, 435.08 What is the present value of a $140 perpetuity discounted at 4.5%? $1400,00 $2, 222.22 $3, 111.11 $4500.45 Use the following timeline of a series of uneven cash flows to answer the next two questions Assume the discount rate is 6%. What is the present value of the above cash flows? $722.87 $697.40 $673.44 $539.35 What is the future value of the above cash flows? $750.00 $802.08 $838.00 $932.00