1.) South Penn Trucking is financing a new truck with a loan of $10,000 to be repaid in 5 annual end of year installments of $2,504.56. What annual interest rate is the company paying?

2.) Assuming a 12% required return, what is the present value of the following uneven annual cash flows? YearCash Flow 1$250 2300 3350 4400

3.) With the same information in the previous question, what is the future value of these cash flows?

4.) If you start to invest $4,000 each year to your IRA at the age of 26, after 40 years when you retire, how much money you will have if the annual interest rate is 8%?

5.) My credit card balance is $2377.91. If I chose to pay off the balance at the minimum monthly payment of $40 per month, how many months must I pay before the credit card balance is paid off? I pay 19% compounded monthly on this card.