Question: What is the future value of a $20,000 loan payable in full in 5 years with a 12% annual interest rate and monthly payments Multiple

What is the future value of a $20,000 loan payable in full in 5 years with a 12% annual interest rate and monthly payments

Multiple Choice

$36,333.93

$35,246.83

Unable to determine with the information given.

$0

A stock with a Beta of 3:

Multiple Choice

Is 3 times as risky as the overall stock market

Is 30% as risky as the overall stock market

Will always go up no matter what the overall stock market does

Is 30% less risky than the overall stock market

Will only go up when the overall market is going down

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