Question: QUESTION 14 You won a small lottery that will pay vou $10,000 per year for 26 years. If the first payment will occur at the

QUESTION 14 You won a small lottery that will pay vou $10,000 per year for 26 years. If the first payment will occur at the end of this year and the appropriate discount rate is D.OR, what is the present value of this promised payment stream? QUESTION 15 You want to finance the purchase of a $28,018 new car with your credit union. The annualized rate (APR) on this month loan is 0.06. What will be your monthly payment? QUESTION 16 The Federal Reserve is responsible for regulation of stock markets such as the NYSE and the NASDAQ. True False

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