all please

Che Time Value Mond Interest Rate 17 du Cindy receives a one year loan from ABC Bank for $5,000.00. At the end of the the lady pays 35.400 00 66 ABC Bank. Assuming the simple calculation of interest the interest rate on Cindy's loan $400 8.00 7.41% year d. 2094 18. An investor deposit 5400 into a bank account that came an annual interest rate of 896 alone? a. $25.00 b. S2 c. $34.56 d. 564 19. Suppose a family wants to save $60,000 for a child's tuition. The child will be attending tuition payment. If the interest rate is 6%, then about how much does this family need to college in 18 years. For simplicity, assume the family is saving for a one-time college deposit in the bank today? a $10,000 b. $21,000 c. $42.000 d. $57,000 20. Suppose that Kelly Slater, a professional surfer, is looking for a new sponsor. Suppose that Slater is considering two possible contracts from different companies. Note that the salaries are paid at the end of EACH year. Contract #1 (Reef) Contract #2 (Billabong) Signing bonus (paid today) $1 million $1 million First-year salary $2 million $4 million Second-year salary $4 million $4 million Third-year salary $5 million $3 million The interest rate is 10%. Based on this information, which of the following is true? a. Slater should take the Reef contract because it has a higher present value. b. Slater should take the Billabong contract because it has a higher present value. c. Slater is indifferent between the two contracts because they are both worth $12 million. d. Slater is indifferent between the two contracts because they are both worth $10.9 million