Question: I want a solution early Question 4 (20 points) A- A company borrowed $ 180,000 for renovation. The company plans to set up a sinking

 I want a solution early Question 4 (20 points) A- A

I want a solution early

company borrowed $ 180,000 for renovation. The company plans to set up

Question 4 (20 points) A- A company borrowed $ 180,000 for renovation. The company plans to set up a sinking fund that will pay back the loan at the end of 5 years. Assuming a rate of 10% compounded semiannually, find the Sinking Fund of the ordinary annuity. (7 points) B- To fund his son's higher education, Abdullah decided to invest $ 5,000 for 6 years in an ordinary annuity at 12% compounded quarterly. What is the total cash value of the annuity at end of year 6? (7 points) C- What must YOU invest today to receive an annuity of $ 9,000 for 10 years compounded at 8% quarterly when all withdrawals will be made at the end of each period? (6 points) Question 5 (20 points) A- A transportation company bought a new truck. The cash price of the truck is $ 264,000. The company made $ 56,000 down payment on it. The bank's loan was for 48 months. Finance charges totaled $ 72,000. What was the monthly payment? (7 points) B- A fabric factory bought new equipment. The cash price of the equipment is $ 28,000, putting down $ 5,600 and financing the remainder with 20 monthly payments of $ 1,250 each. Find the APR by table lookup. (7 points) C- A person bought an apartment. The cash price is $ 380,000; he made a $ 80,000 down payment on it. The bank's loan was for 150 months. Finance charges totaled $ 60,000. What was the monthly payment? (6 points)

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