Question: QUESTION 3 Find the monthly payment needed to repay a 3 - year car loan of $ 1 0 , 0 0 0 when the

QUESTION 3
Find the monthly payment needed to repay a 3-year car loan of $10,000 when the interest rate is 2%, compounded monthly.
QUESTION 4
Sarah expects to receive $4,000 in 2026. Calculate the present value of this cash flow assuming an interest rate of 5%, compounded annually.
QUESTION 5
Brian invested $7000 in IBM paying 12% interest rate a year. Using the rule 72, how long will it take to double Brian's investment?
QUESTION 3 Find the monthly payment needed to repay a 3-year

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