Question: Suppose you signed a contract for a special assignment over the next 4 years. You will be paid 6,989 at the end of each year.

Suppose you signed a contract for a special assignment over the next 4 years. You will be paid 6,989 at the end of each year. If your required rate of return is 18.54%, what is this contract worth in today? Question 2 2 pts You need a loan to purchase new equipment. The loan will be paid off over 5 years with payments made at the end of every quarter. If the stated annual rate is 8.27% and quarterly payments are $140, what is the loan amount

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