Question: Problem 55 Intro Consider a loan for $54,822 that is paid off in 15 yearly payments of $5,000. BAttempt 1/10 for 10 pts. Part 1

Problem 55 Intro Consider a loan for $54,822 that is paid off in 15 yearly payments of $5,000. BAttempt 1/10 for 10 pts. Part 1 What is the interest rate? 4+ decimals Submit Problem 54 Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 2%. You have to pay $220 every month for 60 months. Part 1 What is the present value of the cash flows it t's an annuity due? Attempt 1/10 for 8 pts. No decimals Submit Part 2 What is the future value of the cash flows if it's an annuity due? 11 1" Attempt 1 /10 for 8 pts. No decimals Submit

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