Question: Single-payment loan repayment Personal Finance Problem A person borrows $160 that he must repay in a lump sum no more than 10 years from now.

 Single-payment loan repayment Personal Finance Problem A person borrows $160 that
he must repay in a lump sum no more than 10 years

Single-payment loan repayment Personal Finance Problem A person borrows $160 that he must repay in a lump sum no more than 10 years from now. The interest rate is 6.2% annually compounded. The borrower can repay the loan at the end of any earlier year with no prepayment penalty. a. What amount will be due if the borrower repays the loan after 1 year? b. How much would the borrower have to repay after 4 years? c. What amount is due at the end of the tenth year? a. The amount due if the loan is repaid at the end of year 1 is $(Round to the nearest cent) b. The repayment at the end of year 4 is $). (Round to the nearest cent.) c. The amount due at the end of the tenth year is $ . (Round to the nearest cent.) Four analysts cover the stock of Fluorine Chemical. One forecasts a 5% return for the coming year. The second expects the return to be -6% The third predicts a return of 9%. The fourth expects a 3% return in the coming year. You are relatively confident that the return will be positive but not large, so you arbitrarily assign probabilities of being correct of 25%, 8%, 18% and 49%, respectively, to the analysts' forecasts. Given these probabilities, what is Fluorine Chemical's expected return for the coming year? Fluorine Chemicals expected return for the coming year is 1% (Round to two decimal places.)

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