today$)$ and earns $9\%$ compounded annually, then what is the trust fund's present

value?

$(3$ marks$)$

If a $$10,000$ investment will return $$25,000$ to you in five years, then to the

nearest percent what annual interest rate is being offered?

$(5$ marks$)$

What is the present value of the following payment stream at an interest rate of

$7\%$;$$1000$ today, $$2000$ at the end of year $1,$$$5000$ at the end of year $3,$$$6000$

at the end of year $5.$

$(9$ marks$)$

What is the present value of perpetuity of $$1000$ per annum starting immediately

offering a $12\%$ interest rate?

$(3$ marks$)$

What is the APR on a $48-$month loan on an $$18,000$ car, if you put $$3000$ down

and the monthly payments are $$373\mathrm{.}28?$

$(7$ marks$)$

In order to buy a $$25,000$ car making $$500$ monthly payments for $48$ months at

$8\%,$ how much will your down payment be$?$

$(10$ marks$)$

$$10,000$ borrowed at $8\%$ is to be repaid in four equal annual payments. How

much of the principal is amortized with the first payment?

$(6$ marks$)$

On a home mortgage of $$75,000$ at $12\%$ interest amortized over $30$ years, what

is the monthly payment?

$(8$ marks$)$