Question: Textbook Problems: Problem 4 - 1 ; problem 4 - 2 ; problem 4 - 6 ( ignore annuity due ) ; problem 4 -

Textbook Problems: Problem 4-1; problem 4-2; problem 4-6(ignore annuity due); problem 4-8; and redo problem 4-6 by changing the word FVA to PVAAdditional Problems:Problem 1: You take out an amortized loan for $10,000. The loan is to be paid in equal installments at the end of each of the next 5 years. The interest rate is 8%. Construct an amortization schedule. Problem 2: A. Calculate the PV of $100 due in 5 years compounded daily at 12%.B. Calculate the FV of $1000 due in 3 years at 6% compounded quarterly.C. Calculate the FVA of $300 due at the end of each of the next 5 years at 4%.D. Calculate the PVA of $300 due at the end of each of the next 5 years at 4%. Problem 3: Compute the EAR of 10% compounded daily.

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