Question: Q13) Suppose you signed a contract for a special assignment over the next 7.0 years. You will be paid $7,086.00 at the end of each

Q13) Suppose you signed a contract for a special assignment over the next 7.0 years. You will be paid $7,086.00 at the end of each year. If your required rate of return is 17.11% , what is this contract worth in today? (1.5 points) Q14) You need a loan to purchase new equipment. The loan will be paid off over 14.0 years with payments made at the end of every quarter. If the stated annual rate is 17.07% and quarterly payments are $221.00, what is the loan amount? (1.5 points)
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