Save Submit Assignment for Grading Problem 5.16 (Present Value of a Perpetuity) Question 13 of 20 Check My Work (3 remaining) eBook What is the present value of an $800 perpetuity if the interest rate is 7%? If interest rates doubled to 14%, what would its present value be? Round your answers to the nearest cent. Present value at 7%: $ Present value at 14%: $ 20 ENG Assignment Score: 0.0 Save Submit Assignment for Gradina uestions Problem 5.17 (Effective Interest Rate) Question 14 of 20 2. 3. 14 Check My Work (3 remaining) eBook 15. 16. o You borrow $135,000; the annual loan payments are $19,278,38 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. % 17. 18. 19. 20. 20 ENG gnment/takeAssignment Main do takeAssignmentSessionlocator assignment-take, eba8b99-bere-4c5-ae6d47ac2bb0977 -3. Question 15 of 20 14. Check My Work (3 remaining) 15. 16. eBook 11 Problem Walk-Through a. Find the present values of the following cash flow streams at an 11% discount rate. Do not round Intermediate calculations. Round your answers to the nearest cent. 0 1 2 17. 18. 3 4 5 o o 19. $0 $100 $450 $450 $450 $300 Stream A Stream B 20. $0 $300 $450 $450 $450 $100 Stream A: $ Stream B: $ b. What are the PVs of the streams at a 0% discount rate? Round your answers to the nearest dollar Stream A: $ Stream B: $ Check My Work 3 remaining) 0-Icon Key ENG 20:10 2021/2