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3. You have a target to have 20895 in your savings account in 5 years time. You are prepared to make equal quarterly payments into
3. You have a target to have 20895 in your savings account in 5 years time. You are prepared to make equal quarterly payments into your account during that time. If the account pays 4% (annual) interest, what amount must you deposit each quarter? 4. You have bought a new laptop using lease financing. Based on lease contract you will need to pay 33 per month for next three years. If the (annual) discount rate is 6% how much this laptop costs for you? 5. You want to buy a new car for 17105. You will be able to finance this with 1296 APR loan for 48 months. What will your monthly payments be? 6.Company Czz has 7 % coupon bonds on the market with 14 years to maturity. Face value of the bond is 1000. If the bonds make semiannual navments and the YTM is 49calculate the current bond price
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