Please solve all. Will give thumbs up if so

3. Problem 5.16 (Present Value of a Perpetuity) What is the present value of a $900 perpetuity if the Interest rate is 10%? If interest rates doubled to 20%, what would its present value be? Round your answers to the nearest cent. Present value at 10%:$ Present value at 20%: $ 10. Problem 5.26 (PV and Loan Eligibility) You have saved $3,000 for a down payment on a new car. The largest monthly payment you can afford is $300. The loan will have a 9% APR based on end-of-month payments. What is the most expensive car you can afford if you finance it for 48 months? For 60 months? Do not round intermediate calculations. Round your answers to the nearest cent Financed for 48 months: $ Financed for 60 months: $ 6. Problem 5.20 (PV of a Cash Flowstream) A rookie quarterback is negotiating his first NFL contract. His opportunity cost is 7%. He has been offered three possible 4-year contracts. Payments are guaranteed, and they would be made at the end of each year. Terms of each contract are as follows: 2. Contract 1 $2,500,000 $2,500,000 $2,500,000 $2,500,000 Contract 2 $2,500,000 $3,500,000 $4,000,000 $5,500,000 Contract 3 $6,500,000 $1,500,000 $1,500,000 $1,500,000 As his adviser, which contract would you recommend that he accept? Select the correct answer. Ca. Contract 3 gives the quarterback the highest present value; therefore, he should accept Contract 3. Cb. Contract 1 gives the quarterback the highest future value; therefore, he should accept Contract 1. Cc. Contract 3 gives the quarterback the highest future value; therefore, he should accept Contract 3. d. Contract 1 gives the quarterback the highest present value; therefore, he should accept Contract 1. ce. Contract 2 gives the quarterback the highest present value; therefore, he should accept Contract 2. 4. Problem 5.17 (Effective Interest Rate) You borrow $115,000; the annual loan payments are $11,193.68 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number