Question: O 2655.44 O 2587.07 | Question 22 1.5 p Five years from now you will start receiving an annuity of $1000/year for 15 years (the

 O 2655.44 O 2587.07 | Question 22 1.5 p Five years

O 2655.44 O 2587.07 | Question 22 1.5 p Five years from now you will start receiving an annuity of $1000/year for 15 years (the first payment will occur in year 5 and the last payment in year 19, if the discount rate is 6%, how much is this annuity worth today? 6539.37 7693,01 9458.37 10379.66 D Question 23 1.5 pts Which of the following is true about EAR? It is the rate that you actually pay on your loan It is always smaller than APR

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