Question: please 7-10 and 11-15 with formuals and work please 7) if you are expecting a settlement of $10,000 at the end of each year for

7) if you are expecting a settlement of $10,000 at the end of each year for five years. How much this annuity is worth today if the interest rate is 8% ? 8) In the previous question if you expect o receive the payment at the beginning of the year instead of the end of they year, how much the payments are worth now? 9)As part of you financial planning and to supplement your retirement, you decided to save $3,000 at the end of each year for 30 years. how much money you will have in your account if you can earn 10%? 10) Referring to question number 9 Assume that you deposited the money at the beginning of the year, how much money you would find in your account in the 30 years? 11) If a financial planner promised to pay you $100.000 a year for ever. What is the maximum amount of money you would pay him today at the interest rate in the market is 5%? 11) if a financial planner promised to pay you $100.000 a year for ever. What is the maximum amount of money you would pay him today if the interest rate in the market is 5% ? 12) Assume that you deposited $100,000 in a bonk that offered 10% annual interest rate. How much would be your annual annulty if you are planning to keep the money on the bank forever? Use the perpetulty formula 13) You want to buy a car for $25,000 that has to be paid in Five years. If the car dealer agrees to finance your car at 8%. What would be you annual payment for the car 14) A bank quoted 10% annual interest rate. If the banked compounds the interest rate quarterly what would be the effective annual rateEAR 159 you deposited 55.000 at 12% annual treatif the bank compound the interest rate monthly and you want to keep your money for how much money you within your count in the
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