Question: Q13) Suppose you signed a contract for a special assignment over the next 5.0 years. You will be paid $12,319.00 at the end of each

Q13) Suppose you signed a contract for a special assignment over the next 5.0 years. You will be paid $12,319.00 at the end of each year. If your required rate of return is 19.78% , 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 6.0 years with payments made at the end of every quarter. If the stated annual rate is 25.40% and quarterly payments are $391.00, what is the loan amount? (1.5 points) Q15) You would like to purchase a car for $21,427.00. If the car loan is 14.44% financed over 4.0 years, what will the monthly payments be for this car? (1.5 points) Q16) What is the most that you would pay for an investment that promises to pay $14,129.00 a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is 14.19% (1.5 points) Q17) A loan has a stated annual rate of 6.82% If loan payments are made monthly and interest is compounded monthly, what is the effective annual rate of interest? (1.5 points)
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