Question: Need help on this problem please help me on this question that would be great. Thanks 10. A) MB Development company is evaluating an investment

Need help on this problem please help me on this question that would be great. Thanks
10. A) MB Development company is evaluating an investment that will provide the following retums at the end of the
following years: year 1, $12,000; year 2, $6,500; year 3, 50; year 4, 58,000 and year 5, $4,500. The company
believes it should earn an annual rate of return of 14% on its investments. How much should MB pay for this
investment?
10. B) the numbering is off for some reason
 Need help on this problem please help me on this question

11. Assume that you get a 30-year fixed mortgage loan for $100,000. You've received three quotes from three different financial institutions. They all have a prepayment penalty (3% of the remaining balance). Interest Rate Discount Points (1) Monthly (2) APR (3) Effective cost Payment (5 year holding period) 8.25% 2.75 8.50% 2.00 8.75% 1.00 B (1) Calculate monthly payments for each option. (2) Calculate APR for each option. (3) Calculate the effective cost for each option when you hold the mortgage for 5 years only

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