Question: Please include explanations Question 1 1 pts You are considering the purchase of a delayed annuity. The annuity will pay you $100 per year for

 Please include explanations Question 1 1 pts You are considering the

purchase of a delayed annuity. The annuity will pay you $100 per

Please include explanations

Question 1 1 pts You are considering the purchase of a delayed annuity. The annuity will pay you $100 per year for 12 years, but you will not receive the first payment one year from now--the first payment will be received 8 years from now. If the interest rate is 11%, what is the most you would pay for the delayed annuity today? Round your answer to 2 decimal places, for example 100.12. Question 2 1 pts You have a loan from a bank that has an EAR of 22%. If the interest is compounded quarterly, what is the APR? Enter your answer as a decimal number, NOT as a percent. Round to 4 decimals. For example, 0.1234 Question 3 1 pts Three months ago you purchased FSL stock for $26 per share. Today you sold the stock for $32 per share. What is your annualized return on this investment expressed as an APR? Enter your answer as a decimal number, NOT as a percent. Round to 4 decimals. For example, 0.1234 > Question 4 1 pts Your credit card will charge you 13% APR in your balance. The interest is compounded monthly. What is the EAR? Enter your answer as a decimal number, NOT as a percent. Round to 4 decimals. For example, 0.1234

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