$18$

Status: Enter function

Question $10$: You agree to finance your new SUV with an auto loan of $$51623.$ This loan will be repaid over four years with monthly payments $($and compounding$)$ at a $4\%$ Assume PV to be negative so that PMT is positive. annual interest rate. What will your monthly loan payment be$?$

$19$

$20$

Status: Enter function

Question $11$: What is the present value of $$8260$ that will be paid to you eight years from today at $9\%$ interest?

$21$

$22$

Question $12$: How many years will it take a $$689$ balance to grow into $$850$ in an account earning $5\%?$

Question $13$: If you borrow $$1823$ and pay back $$2,728$ in three years, what annual rate of interest are you paying?

Assume FV to be negative to have a positive PV$.$

Status: Enter function

Remember to use opposite signs for PV and FV$.$

Remember to use opposite signs for PV and FV$.$