Question: (Q11-Q13) Tip: Read the Module 8 Content, solve the examples for each Topic, review the Excel Answer files for these examples (see the attached Excel

 (Q11-Q13) Tip: Read the Module 8 Content, solve the examples foreach Topic, review the Excel Answer files for these examples (see the

(Q11-Q13) Tip: Read the Module 8 Content, solve the examples for each Topic, review the Excel Answer files for these examples (see the attached Excel files at the bottom of the Topic pages), and watch the videos. 11. Assume that your hotel decided to purchase a new limo which is selling for $85,000 today. Your hotel will make a monthly payment for the next 5 years, with an annual interest rate of 3\%. What will be the amount of your hotel's monthly car loan payment (\$)? Note: Do not include \$ or commas when you type your answer. Round your answer to two decimal places. If your answer is a negative number, do NOT include a negative sign. Question 12 5 pts 12. Assume that your hotel invested $15,000 today in an investment account that pays 2% annual interest, compounding semi-annually. If your hotel keeps its money for 10 years in this account, how much will your hotel have at the end of the 10th year ($) ? Note: Do not include \$ or commas when you type your answer. Round your answer to two decimal places. If your answer is a negative number, do NOT include a negative sign. 13. Assume that your hotel wants to have $1,000,000 in 12 years. Your hotel wants to start investing today in an account that pays compound interest, but does not know how much it needs to invest. Determine the amount of money your hotel needs to invest today at a quarterly rate of interest of 1% (\$). Note: Do not include \$ or commas when you type your answer. Round your answer to two decimal places. If your answer is a negative number, do NOT include a negative sign

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