Question: please help me with 4 and 5 step by step. thank you QUESTION 4 You are interested in purchasing a new car that costs $33,000.

please help me with 4 and 5 step by step. thank you

QUESTION 4 You are interested in purchasing a new car that costs $33,000. The dealership offers you a special financing rate of 0.75% per month for 60 months. Assuming that you do not make a down payment on the auto and you take the dealer's financing deal, compute the amount you would pay monthly as car payments. ANSWER: (Provide calculations) PV= 33,000 Rate ad QUESTION 5 You are thinking about investing in a mine that will produce $10,000 worth of ore in the first year. As the ore closest to the surface is removed, it will become more difficult to extract the ore. Therefore, the value of the ore that you mine produces will decline at a rate of 7% per year forever. If the appropriate interest rate (EAR) is 3%, what is the value of this mining operation? ANSWER: (Provide calculations) fastsale PO

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