6. Suppose you horow $20,000 at a rate of and r e each of the next 5 years. How much will your first installment 7. Suppose you borrow $20.000 at a rate of 5% and must repay it in 5 equal installments at the end of each of the next 5 years. How much will you still owe after you make your first installment? 8. You sold a car and accepted the following cash flow stream as payment: $1.000 at the end of year one and $2,000 at the end of years two, three and four. What is the present value of these cash flows (e. what is the effective price you received for the car) assuming an interest rate of 6%? uppose that there is a perpetuity that pays $500 per year and that the appropriate discount rate is .. What is the present value of the perpetuity if the first payment occurs one year from today? 6. Suppose you horow $20,000 at a rate of and r e each of the next 5 years. How much will your first installment 7. Suppose you borrow $20.000 at a rate of 5% and must repay it in 5 equal installments at the end of each of the next 5 years. How much will you still owe after you make your first installment? 8. You sold a car and accepted the following cash flow stream as payment: $1.000 at the end of year one and $2,000 at the end of years two, three and four. What is the present value of these cash flows (e. what is the effective price you received for the car) assuming an interest rate of 6%? uppose that there is a perpetuity that pays $500 per year and that the appropriate discount rate is .. What is the present value of the perpetuity if the first payment occurs one year from today