Question: Suppose you signed a contract for a special assignment over the next 15 years. You will be paid 21,931 at the end of each year.

 Suppose you signed a contract for a special assignment over thenext 15 years. You will be paid 21,931 at the end of

Suppose you signed a contract for a special assignment over the next 15 years. You will be paid 21,931 at the end of each year. If your required rate of return is 16.67%, 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 9 years with payments made at the end of every quarter. If the stated annual rate is 13.22% and quarterly payments are $117, what is the loan amount? Question 3 2 pts You would like to purchase a car for $12,682. If the car loan is 9.02% financed over 5 years, what will the monthly payments be for this car? You would like to purchase a car for $12,682. If the car loan is 9.02% financed over 5 years, what will the monthly payments be for this car? Question 4 What is the most that you would pay for an investment that promises to pay $5,523 a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is 15.34% Question 5 A loan has a stated annual rate of 16.84%. If loan payments are made monthly and interest is compounded monthly, what is the effective annual rate of interest? Please be sure to answer as a percentage

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