21. You have just taken out an installment loan totaling $50,000 to purchase a 1969 Pontiac Lemans (convertiblel) at a 4% interest rate, to be repaid over five years with 9ua annual payments Complete the loan table below and show formulas as appropriate. (7 points) BALANCE Payment Interest Principal 50,000 Year 1 Year 2 Year 3 Year 4 Year 5 Extra Credit Questions Autumn, 2017 The following questions are extra credit and are OPTIONAL The city of Chicago leased it's parking meters to Morgan Stanley for 75 years In return for turning over his revenue stream, Morgan Stanley paid Chicago $1.2 billion. Before turning the meters over to Morgan Stanley, Chicago was used to receiving $40mm of parking meter revenue each year and Morgan y was confident they could earn more. Assuming Morgan Stanley expected a 25% ANNUAL reurn ow much more than $40 million did they expect to earm? 1 Last year, Wells Fargo was told by bank examiners that they are not allow to grow until they fox some of the problems they are charged with. This caused the Wells Fargo stock price to drop. Given the Free Cash Flow stock valuation methodology, explain what aspect of that formula was impacted by the bank examiners' decision and, therefore, why the Wells Fargo stock price dropped. M2 This class was enjoyable for me. Notwithstanding a few of the nights when the class was particularly quiet, I firmly believe there were some aspects of the class that you enjoyed. For an extra credit point, describe one positive experience you recommend we continue and another less positive you recommend we discontinue, anks for your good work in our class this quarter and best wishes for your summer