To use the present value formula PVO = Cx(1/r - 1/((1+r)^Txr)) at time zero, which of the following is correct? Select one: a. There are an infinite number of cash flows in the future O b. There are at least one billion pieces of cash flows c. The number of cash flows cannot be counted Od. There is no stopping of cash flows in the future e. None of the above You have borrowed a loan of $20,000 from a bank to buy a car from Chase at the interest rate of 7.5% each year. You have promised Chase to make annual mortgage style payments. If you want to borrow this loan for three years, what is the total payment in each year? Select one: O a. $6,191.75 O b. $1,500.00 O c. $ 7,690.75 O d. $ 7,154.75 O e. None of the above Clear my choice You will receive a payment, which is 3 times the present value of this payment. If the discount rate is 7% every year, which year will you receive this payment? Select one: a. 17.89 years O b. 10.67 years O c. 19.35 years O d. 16.24 years O e. none of the above