Question: Need to know how to solve these. 27. Adam borrows $4,500 a installments. The actual end-of-year payment is t 12 percent annually compounded interest to

Need to know how to solve these.

interest to be repaid in four equal annual . A. $1,482 B.

27. Adam borrows $4,500 a installments. The actual end-of-year payment is t 12 percent annually compounded interest to be repaid in four equal annual . A. $1,482 B. $2,641 C. $1,125 D. $ 942 30. What is the rate of return on an investment of S16,278 if year for the next 10 years? A. 3 percent B. 8 percent C. 18 percent the company expects to receive $3,000 per D. 13 percent 34. Dorothy borrows $10,000 from the bank. For a four-year loan, the bank requires annual end-of-year payments of $3,223.73. The annual interest rate on the loan is A. 9 percent B. 10 percent C. 12 percent D. 11 percent

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