Please choose the BEST answer. 28. What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? a. S 670.44 b. S 842.91 c. $1,169.56 d. $1,522.64 e. $1,348.48 29. You deposited $1,000 in a savings account that pays 8 percent interest, compounded quarterly, planning to use it to finish your last year in college. Eighteen months later, you decide to go to the Rocky Mountains to become a ski instructor rather than continue in school, so you close out your account. How much money will you receive? a. $1,171 b. $1,126 c. $1,082 d. $1,163 e. $1,008 30. Ir s100 is placed in an account that earns a nominal 4 percent, compounded quarterly, what will it be worth in 5 years? a. $122.02 b. $105.10 c. $135.41 d. $120.90 e. $117.98 31. What is the present value of a 5-year ordinary annuity with annual payments of $200 evaluated at a 15 percent interest rate? a. S 670.43 b. 842.91 c. $1,169.56