QUESTION1Thefuture value of the stream of cash flows based o
QUESTION1Thefuture value of the stream of cash flows based on the following data:rate:5%nper: 10pmt: $0pv: -$1,000type: 0is:$1,100 True FalseQUESTION2Thefuture value of the stream of cash flows based on the following data:rate:5%nper: 10pmt: -$100pv: -$1,000type: 0is:$2,785.54 True FalseQUESTION3Thefuture value of the stream of cash flows based on the following data:rate:5%nper: 10pmt: -$100pv: -$1,000type: 0is:$2,785.54 True FalseQUESTION4Thefuture value of the stream of cash flows based on the following data: rate: 8%nper: 20pmt: ($300)pv: ($2,000)type: 0 is:Thefuture value of the stream of cash flows based on the following data:rate: 8%nper: 20pmt: ($300)pv: ($2,000)type: 0 is:$23,050.50 TrueFlaseQUESTION5Inflationerodes the real rate of return that you earn on your savings. If youexpect 5% inflation in each of the next five years your real wealthwill decline if it is all invested in assets that earn a 4% annualrate of return. True FalseQUESTION6Ifyou contribute to a 401(K) defined contribution plan your wealthgrows at the six month U.S. Treasury bill (t-bill) rate. True FalseQUESTION7Thereis no limit to how much an individual can contribute to a 401(K) planeach year. True False QUESTION8Thereare no limits to how much an employer can contribute to an employee’s401(K) plan each year. True FalseQUESTION9Thegreat thing about 401(K) retirement plans is that plan distributionsare never taxed. True FalseQUESTION10Ifyou have a 401(K) plan you are required to begin making withdrawalsfrom the plan on April first of the year after you turn 70.5 years ofage. True False