9. What are the equal monthly payments on a \$-year, 6% p., 530,000 loae? A. $3,180.00 B. $66.91 C. $57998 D. $1,856.27 E. $365.42 10. Seven years ago Heather borrowed 5400,000 to buy a hotale. She has a 30 year, 5,50% fixed mete mortgage. She made the 84 th payment today. Payments ane made monthly. She now owes $ on the house. A. 355,937.42 B. 209,222,90 C. 303,212.55 D. 355,263.55 E. 207,109,46 11. Steve is 40 years old today. He plans to deposit a fixed, equal annual amount into his retirement account starting today (at t=0) and on each birthday until be turns 60(att=20). He plans to withdraw $100,000 per year on each birthday beginning when be is 70(at,t=30) and ending when be is 89 (at t=49). The aceount will eam 7% per annum. What must the annual deposits be? A. $12,003,65 B. $16,975,66 C. $14,497.85 D. $12,843.91 E. $16,014.77 12. Which of the following is the goal of financial management for a publicly-traded corporation? A. minimize risk B. maximize profits C. promote social good D. maximize shareholder wealth E. maximize the firm's contribution to the society