Question: Q13) Suppose you signed a contract for a special assignment over the next 15.0 years. You will be paid $21,427.00 at the end of each
Q13) Suppose you signed a contract for a special assignment over the next 15.0 years. You will be paid $21,427.00 at the end of each year. If your required rate of return is 16.57% , 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 3.0 years with payments made at the end of every quarter. If the stated annual rate is 16.54% and quarterly payments are $138.00 , what is the loan amount? (1.5 points)
Q15) You would like to purchase a car for $7,595.00 . If the car loan is 13.37% financed over 6.0 years, what will the monthly payments be for this car? (1.5 points)
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