A company needs to reorganize its current debts in order to pay an equal amount on a yearly basis for 15 years, at an annual interest rate of 10%. The company debts are as follows Annual payments of $2000 for 12 years at 10% annually. Twelve monthly payments of $300 for an automobile (knowing that the annual interest rate-12%) A bill of $2000 (payment includes interest) at EOY2, at an annual interest rate of 12%. A bill of $21000 due today. (Nore the above debts are to be reorganized and be paid to one party collectively 15. A bridge is expected to have maintenance and repair expenses of $2000 in the first year. It is anticipated years. What is the present worth of the expenses for the 50 years useful life of the bridge using an annual interest rate of4%? 16. You have borrowed $100,000 for five years at an annual interest rate of 10%. Calculate the equal payments to be made 1. 2. Every six months Every three months 17. A mortgage amortization table is needed for the first four years, of a mortgage loan of $560,000, borrowed for 25 years at annual interest rate of 12%; since Interest payments on the mortgage are tax deductible and change from year to The mortgage at the end of year four is needed. year