Question: 28 24 22 please help, this is my last question 28 The appropriate discount rate for the following cash flows is 8.5 percent compounded quarterly
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please help, this is my last question
28 The appropriate discount rate for the following cash flows is 8.5 percent compounded quarterly Year 1 2 3 4 Cash Flow $ 815 990 O 1,520 10 points Skipped What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Print Present value References 24 Big Dom's Pawn Shop charges an interest rate of 25.5 percent per month on loans to its customers. Like all lenders, Big Dom must report an APR to consumers. a. What rate should the shop report? (Do not round intermediate calculations.) b. What is the effective annual rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) oints a. APR 306 % Print b. EAR 1,426.60 % Peferences 22 Find the APR, or stated rate, in each of the following cases (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.): Stated Rate (APR) Number of Times Compounded Effective Rate (EAR) 13.73 % Semiannually 14.2 % Dints 17.01 Monthly 18.4 10.54 Weekly 11.1 Prini 8.53 Infinite 8.9 References
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