1....AJ's Better Golf, Inc. wants to borrow $125,000 to buy a new piece of manufacturing equipment. The interest rate on the loan is 10% and the loan is for 15 years. Loan payments are to be made semi-annually. How much are the semi-annual payments?

Select one: A. $8,131 B. $9,250 C. $13,260 D. $17,383

The treasurer of DEF Imports expects to invest $280,000 of the firm's funds in a long-term investment vehicle at the beginning of each year for the next 3 years. He expects that the company will earn 8% interest that will compound annually. The value that these payments should have at the end of the 3-year period is calculated as:

Select one:

a. $981,711.36

b. $1,163,509.76

c. $754,463.36

d. $618,114.56

e. $1,436,207.36

3.....

If you invest $1,127 for 8 years at 12%, how much will you have at maturity?

Select one:

a. $2,790

b. $2,996

c. $3,957

d. $4,532

e. $2,416

4.....

The treasurer of GHI International expects to invest $140,000 of the firm's funds in a long-term investment vehicle at the end of each year for the next 3 years. He expects that the company will earn 7% interest that will compound annually. The value that these payments should have at the end of the 3-year period is calculated as:

Select one:

a. $450,086

b. $250,086

c. $950,086

d. $550,086

e. $50,086