multiple choice answer all

4. Which annuity produces the greatest amount? $200 deposited at the end of each quarter for 14 years at 3.8% compounded quarterly. 5800 deposited at the end of each year for 14 years 3.8% compounded annually 5200 deposited the end 14 years 45 compounded quarterly $800 deposited at the end of each 43 compounded mully 3. Use the formula Calculate the value of PPR-1975,1-6077 6. What amount should be invested now at 6% per year, compounded annually, to generate a retirement income of 535 000 per year for 15 years? # $339 929 B $504 582 $814 659 d $543 779 7. Jacob needs to repay a $3000 low. His bunk offers personal loans at 9.3% per year, compounded monthly Jacob can afford to make monthly payments of $100. How long will it take him to repay the loan? Round your answer up to the next whole month 46 months 30 months i 33 months 8. Suppose Joach is using the TV Scher le plan funding an extended vacation His TVM Solver screen shows these N-36,1% -6,4, PV - 52251.59.R-1600.00, FV-O,PY-4CY - 4 Which best describes the it! A payment of S1600.00 each oth for 3 years at an interest rate of 6.4% per your compound ll Apayment S600.00 very year for 3 years, at an interest rate of 6.0% per year and analy A payment of 10 for 3 years yours, at an interest A payment of Stary month for years, an interest rate of 6.4% per year compounded only 9. Josh can afford to pay approximately 51400 per month on his mortgage. Determine his payment amount for a weekly payment frequency (non-accelerated 5318.15 $311.11 b. 5323.08 3350.00