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5. How much would you pay today for a perpetuity of $ 1,000 per year if the prevailing interest rate is 5.25%? 6. For how
5. How much would you pay today for a perpetuity of $ 1,000 per year if the prevailing interest rate is 5.25%? 6. For how much would you buy a preferred stock that pays $ 5 annual dividend if you require a 12% annual interest yield? 7. Determine how much you would pay in total interest and principal, at the end of your 30-yea mortgage at 3.99% compounded monthly, if th monthly payment is $ 675.00. 8. How much would you have to pay monthly f the car you want to buy if the cost of the car is 30,000 and they finance it at 5.75% compound interest for six years without having to pay soon? 9. How much money will you have paid at the end of ten years if you pay $ 10,000 for an equipment lease at the beginning of each year and the annual compound interest rate is 4.75%? 10. From the previous exercise, calculate how much you will pay at the end of the ten years, i you pay $ 10,000 annually at the end of each year instead of at the beginning of the year. Which option is best for you
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