1) A firm owes you $57.600. This amount is seriously delinquent, so you have offered to accept weekly payments for one year at an APR of 3.6 percent to settle this debt in full. What is the amount of each payment? There are 52 weeks in a year. 136 %/52 Rate WV=S7,600 FV=0 n i% py pint fV 1) (3.67(52,52-53,500,0) FM 2) The manager of City Boutique has approved your application for 36 months of credit with maximum monthly payments of $85. If the APR is 14.2 percent, what is the maximum initial purchase that you can buy on credit? i% pv pmt fv 36 14.2 85 2) 0.142 n 3) A firm recently purchased a new truck costing $119,563. The firm financed this purchase at 6.6 percent APR with monthly payments of $2,345. How many years will it take the firm to pay off this debt? n i% pmt fv 3) : 0.50% % 4) Sam is planning to make a deposit of $12,500 in three years. If the deposit will earn 9% per year, how much will be in the account 22 years from now? n i% pv pmt fy 4)