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10) Referring to question number 9, Assume that you deposited the money at the beginning of the year, how much money you would find in

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10) Referring to question number 9, Assume that you deposited the money at the beginning of the year, how much money you would find in your account in the 30 years? 11) if a financial planner promised to pay you $100.000 a year for ever. What is the maximum amount of money you would pay him today if the interest rate in the market is 5%? 12) Assume that you deposited $100,000 in a bonk that offered 10% annual interest rate. How much would be your annual annulty it you are planning to keep the money on the bank forever? Use the perpetuity formula 13) You want to buy a car for $25,000 that has to be paid in Five years. If the car dealer agrees to finance your car at 8% What would be you annual payment for the car? 14) A bank quoted 10% annual interest rate. If the banked compounds the interest rate quarterly, what would be the effective annual rate (EAR? 10) Referring to question number 9, Assume that you deposited the money at the beginning of the year, how much money you would find in your account in the 30 years? 11) if a financial planner promised to pay you $100.000 a year for ever. What is the maximum amount of money you would pay him today if the interest rate in the market is 5%? 12) Assume that you deposited $100,000 in a bonk that offered 10% annual interest rate. How much would be your annual annulty it you are planning to keep the money on the bank forever? Use the perpetuity formula 13) You want to buy a car for $25,000 that has to be paid in Five years. If the car dealer agrees to finance your car at 8% What would be you annual payment for the car? 14) A bank quoted 10% annual interest rate. If the banked compounds the interest rate quarterly, what would be the effective annual rate (EAR

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