# ch 8a - Question 1(1 point How much must be invested today...

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Unformatted text preview: Question 1 (1 point) How much must be invested today at 9% per period to amount to \$175,000 in 15 periods? Student response: Student Response Answer Choices a. \$15,750 b. \$11,667 c. \$48,045 d. \$16,445 Score: 1 / 1 Question 2 (1 point) Mondo Cano Enterprises, borrowed \$100,000 from a bank at 12% annual interest and arranged to repay it over two years with monthly payments. How much is the payment? Student response: Student Response Score: 1 / 1 Question 3 (1 point) What amount must be invested at 10% to amount to \$1,000 at the end of 15 periods? Student response: Student Response Score: 1 / 1 Question 4 (1 point) Tiger Tail, Inc. borrowed \$150,000 from a bank at 10% and promised to repay the loan in 3 equal year-end payments. How much total interest expense will the company incur over the three year period? Student response: Student Response Score: 1 / 1 Question 5 (1 point) The future value of an amount is the value of that amount at Student response: Student Response Score: 1 / 1 Question 6...
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ch 8a - Question 1(1 point How much must be invested today...

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