1. If you deposit $730.00 at 26.39% annual interest compounded daily, how much money will be in the account after 21.0 years? (Assume that there are 364 days in a year and show your answer to the nearest cent)

a. Suppose you deposit $257.00 today, $289.00 in one year, and $103.00 in two years in an account that pays an annual rate of interest of 7.45% . How much money will be in the account after three years?

b. Prepare the first row of a loan amortization schedule based on the following information. The loan amount is for $16,010.00 with an annual interest rate of 8.71% . The loan will be repaid over 5.0 years with monthly payments. a) Loan payment (1 point) b) Interest portion (1 point) c) Principle portion (1 point) d) Loan balance after first monthly payment

c. What is the most you would be willing to pay for a investment that will pay you $881.00 in one year, $336.00 in two years, and $726.00 in three years, if your required rate of return for this type of investment is 17.39% ?

d. Suppose you signed a contract for a special assignment over the next 8.0 years. You will be paid $9,979.00 at the end of each year. If your required rate of return is 13.11% , what is this contract worth in today?

e. You need a loan to purchase new equipment. The loan will be paid off over 15.0 years with payments made at the end of every quarter. If the stated annual rate is 23.60% and quarterly payments are $135.00 , what is the loan amount?

f. You would like to purchase a car for $21,323.00 . If the car loan is 9.03% financed over 6.0 years, what will the monthly payments be for this car?