Question: Answer Question 22 (2 points) Edgar has a trust fund that should pay him $21,000 at the end of next year. If a bank loans

Answer Question 22 (2 points) Edgar has a trust fund that

Answer Question 22 (2 points) Edgar has a trust fund that should pay him $21,000 at the end of next year. If a bank loans money at an interest rate of 6.5% (APR), how much money can he borrow from the bank now based on the money he should receive later? Your Answer: Answer units Question 23 (2 points) A small plane manufacturer decides to trade with the government of an oil-producing nation. The plane manufacturer will deliver 14 Spirit Hanger X80 Planes, with a value of $350,000 per plane, and will receive 45,000 barrels of oil, valued at $115 per barrel. What is the net benefit of this trade to the manufacturer? Your Answer: Award

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