Need help with these homework problems!

Question 1 (2 points) You have a three-year loan of $30,000. The interest rate is 3% per year, and the loan calls for equal annual payments. What is the amount of principal paid at the end of Year 3? A) 10,810.46 B) 10,605.91 C) 10,000.00 D) 10,394.67 Page 1 of 14 OE) 10,297.00 Next Page Question 3 (2 points) MPN Corp. has offered you 2 different salary arrangements. Alternative 1: You will receive $55,000 per for the next 3 years. Alternative 2: You will receive $80,000 per year for the next 2 years along with a $10,000 signing bonus today. The interest rate is 6% compounded quarterly. Assume cash flow occurs at the end of the year. What is the present value for the worse alternative? A) 138,175.81 B) 156,391.63 C) 146,645.55 D) 128,651,64 E) 146,771.20 Page 3 of 14 Mark is planning to invest the following amounts for the next 3 years at 10 percent interest: 600, 800, and 900. How much money will he have saved at the end of year 3? A) 1,955.88 B) 2,516.00 C) 2,506.00 D) 1,962.23 Page 4 of 14 E) 2,288.07 Question 8 (2 points) Investment M will pay you $26 dividends every year forever. How much do you want to invest if the discount rate is 6.54%? A) 397.55 B) 202.08 C) 403.10 D) 167.70 Page 8 of 14 E) 170.04 Next Page - Page 9 (2 points) You invest $65,000 today in money market. How much will it worth at the beginning of sixth year? The appropriate discount rate is 16% compounded quarterly. A) 163,681.06 B) 142,423.00 C) 140,330.12 D) 166,614.77 E) 153,681.93 Page 9 of 14