please answer all questions and state answer clearly.

Question 3 (2.5 points) Which of the following describes the dollar amount assigned to a piece of real property for the purpose of estimating taxation? Market value Plottage value Assessed value Investment value Question 4 (2.5 points) Which of the following is TRUE regarding the present value of an annuity? In calculate the present value of an annuity, the cash flows usually occur at the end of the period for an annuity due and at the beginning of the period for an ordinary (regular) annuity The present value of an annuity due will always be worth more to you today than an ordinary (regular) annuity The present value of an annuity due will always be worth less to you today than an ordinary (regular) annuity The present value of an annuity due will always be worth the same to you today as an ordinary (regular) annuity None of the above is true Question 6 (2.5 points) A comparable property sold 14 months ago for $120,000. If the appropriate adjustment for market conditions is 0.20% per month (without compounding), what would be the adjusted price of the comparable property? Excel Link: Excel Page.xls $120,262.50 $122,393.80 $123,360.00 s129,725.00 Question 7 (2.5 points) What is the mortgage constant on a fixed-rate mortgage at 3.22% per annum for 30 years? Excel Link:Excel Page.xls 3.22% 5.20% 4.44% Cannot be determined Question 9 (2.5 points) What is the value today of receiving $75 per year forever? Assume the first payment is made next year and the discount rate (market rate) is 8%. Excel Link: Excel Page.xls $9.375 $81.00 $93.75 $937.50