A manager has estimated the following cashflows from a $4-$year project: year $1$: $$10,000$; year $2$ : $$15,200$; year $3$ : $$11,500$; year $4$ : $ $8,000$ What is the future value of the unequal cashflow series if you use a rate of $9\%?$ $$50,999$

$$51,544$

$$47,792$

$$74,598$

none of these

QUESTION $31$

A delivery truck will be financed in the amount of $$71,000.$ If the rate is $6\%$ and the term is $6$ years, what is the payment on the loan? Use monthly compounding and payments.

$$1,913$

$$1,177$

$$2,675$

$$2,692$

none of these

QUESTION $32$

Suppose you want to be a millionaire eight times over $($$$8,000,000)$ by the time you retire in $38$ years. What equal, monthly payment into a $12\%$ account is required in order to achieve your goal?

$$865\mathrm{.}40$

$$980\mathrm{.}01$

$$1,001\mathrm{.}23$

$$922\mathrm{.}78$

none of these