Question: Please show ALL work for each problem. 12. You have decided to invest in your TA's Core project. You will have to invest $100 today

 Please show ALL work for each problem. 12. You have decided

Please show ALL work for each problem.

12. You have decided to invest in your TA's Core project. You will have to invest $100 today and invest an additional $40 4 years from today. You will receive $300 per year for 5 years beginning 1 year from today. If you assume a discount rate of 5%, what is the expected NPV of your investment? A) $919 B) $1,199 C) $1,159 D) $1,166 13. You have saved $3000 to buy a new car and can budget $1000 every three months to repay a loan. If you use your $3000 savings for a down payment and get a 5 year loan at 4% APR (compounded quarterly) with $1000 payments every three months, how much can you pay for your car? A) $16,865 B) $18,045 C) $21,04.5 D) $25,680 14. Your cousin has agreed to sell you her electric scooter for $500. She has agreed to let you What is the interest rate that pay for it with 6 monthly payments of $85 beginning today. you will be paying her expressed as an APR? A) .79% B) 4.74% C) 9.59% D) 6.82%

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