9 companies frequently borrow money under an arrangement that requires them to make periodic payments of only interest and then pay the original amount of the loon all at once at the end ! Toon period. A company that manufactures computer hardware belowed $ looooo Por 5 years at 15 %. por Year under this arrangment what is the difference in the total Amount paid beween plan A and Plan Bi ? A 10 You've decided you will put $300 in the bank in year of and increase the deposit amount every year after by $ 5o for twenty years last deposit in year 20). If the interest rate is 4% per year, the present worth of that money now is? @ what is the effective interest rate per quarter if the 22 % compounded monthly. annual interest rate is 19 Your company invested $500,000 five years ago that now worth is $4.210,013. what is the annual interest rate that the company on compound interest basis ece ned 2 How long does it take to a sum um of money invested at 12 % per year to double in value