13 Travis is offered the following income stream of payments: S10,000 in one year, $20,000 in two years, and 50,000 in five years. How much should Travis be willing to pay for this income strearn if his opportunity cost of capital is 6.5%? 4 Elmer received a S25,000 loan from a loan shark. The loan required him to make payments of $400 per week (52 wecks per year) for three years. What annual rate (APR) and effective annual rate (EAR) did the loan charge? 15. sid just deposited his S3 million inheritance in a guaranteed interest account that pays 5.4%, compounded monthly. What is the maximum size, equal monthly withdrawal Sid can make from the account over the next 30 ycars? 16. Jed is considering the purchase of a unit investment trust (UIT) with a three-year life. The UIT promises a payment of S5,000 next year and the payments are expected to grow at 8% per year for the subsequent two years. If Jed's required return on the investment is 9.5%, what should he be willing to pay for the UIT