Question: 2 4 5 What is the future value in year 5 of the following cash flows given a discount rate of 10%? Year Cash Flow

Cash Flow $843 $612 $976 (Do not include the dollar sign ($).

2 4 5 What is the future value in year 5 of the following cash flows given a discount rate of 10%? Year Cash Flow $843 $612 $976 (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations Round your answer to 2 decimal places (eg. 32.16)) Undying Life Insurance Company offers an investment policy that will pay you and your heirs $50,000 per year forever. Suppose the company told you the policy costs $916.305. At what interest rate would this be a fair deal? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (eg. 32.16)) You want to buy a new pickup for $55,195, and the finance office at the dealership has quoted you an 8.4% APR loan for 4 years of monthly payments. What is the effective annual rate on this loan? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (eg. 32.16)

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