Question 1 

Multiple Answer 
(1.0000 points) 

Question: 
How much would you have to
pay each year on a $1000 loan to pay it off in five years if the lender
charges you 8% interest per year, compounded annually? 



$120


Question 2 

Multiple Answer 
(1.0000 points) 

Question: 
If you receive $1,000
every year at the end of the year each year for five years, what should you
pay for the investment if you wish to earn 8% per year compounded annually? 



$5,000


Question 3 

Multiple Answer 
(1.0000 points) 

Question: 
If you receive $1,000 from
an investment in five years, how much is it worth today if you wish to make 8
percent compounded annually? 



$1,469.33


Question 4 

Multiple Answer 
(1.0000 points) 

Question: 
If you receive $1,000 from
an investment in five years,how much is it worth today if you wish to make 8
percent compounded monthly? 



$1,000


Question 5 

Multiple Answer 
(1.0000 points) 

Question: 
Which of the following
discounting methods at a bank would result in the greatest present value on a
$10,000 to be received at the end of the year and earning 8%? 



Annual
discounting 
