Question: PLEASE ANSWER ALL QUESTIONS You will receive $2,000 on January 1st 2004, on January 1st in 2005 and January 1st 2006. Which of the following
PLEASE ANSWER ALL QUESTIONS


You will receive $2,000 on January 1st 2004, on January 1st in 2005 and January 1st 2006. Which of the following expressions will calculate your value at time of January 1st 2008? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a PV=$2,000[1.06]0+$2,000[1.06]1+$2,000[1.06]2 b PV=$2,000[1.06]1+$2,000[1.06]2+$2,000[1.06]3 c PV=$2,000[1.06]2+$2,000[1.06]3+$2,000[1.06]4 d PV=$2,000+$2,000[1.06]1+$2,000[1.06]2 Q28. You are going to pay $100 into an account at the end of each of the next 40 years. At the beginning of the 41 st year, you buy a 30 -year annuity whose first payment comes at the end of the 41st year (both accounts pay 12%). How much money will be in the account at the end of year 40 (round to the nearest $1.00 ? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $85,914 b $76,709 c $44,800 d $93,000 Q29. You are going to pay $100 into an account at the end of each of the next 40 years. At the beginning of the 41 st year, you buy a 30 -year annuity whose first payment comes at the end of the 41st year (both accounts pay 12% ). How much will you receive at the end of the 41st year (i.e., the first annuity payment)? Round to the nearest $100. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $2,567 b $7,800 c $10,666 d $9,523
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