A new piece of equipment is financed with end-of-month payments of $800 for 5 years and 5 months. At 4.78% p.a. compounded semi-annually, what was the cash price of the equipment? Select one: a. $45733.67 b. $45790.00 C. $26262.53 d. $42790.27 Saving for education requires a future value of $75 000. If semi-annual deposits of $3450 are made at the end of every six months for 9 years, what is the nominal annual interest rate, compounded monthly, on this account? Select one: a. 26.04946796 b.4.20539496 64.3415789 di 4.30282295 An annuity is set up where payments of $4750 are made into a savings account at the end of every 6 months. If interest is 6.95% p.a. compounded monthly, calculate the future value of the annuity after 48 months. Select one: a. 540 392.95 b. $42 957.31 C. $43 034.83 d. 5352 523.77 You have purchased a new Dodge Ram 1500 for $42 400. Your vehicle loan requires that you make end of month payments over the course of 96 months at an interest rate of 4.00% compounded quarterly. What is the amount of each payment? Select one: a. $689.12 b. $516.83 C. $572.00 di S516.56 new piece of equipment is financed with payments of $14550 at the end of each year for 6.5 years. At 4.12% p.a. compounded monthly, what was the cash price of the equipment? Select one: a. $93 369.10 b. 581 515.33 O c. $81 293129 d. $332 524,43 You have purchased a water softener for $7 500. Your loan requires that you make payments every 3 months over the course of 60 months at an interest rate of 5.99% compounded semi-annually. What is the amount of each payment? Select one: a. $1637.43 b. $503.88 C. $190.33 d. S436.26 An annuity is set up where payments of $1800 are made into a savings account at the end of each quarter. If interest is 4.91% p.a. compounded monthly calculate the future value of the annuity after 8 years. Select one: a $70 090.35 b. $70032.77 $61 407.05 d: 515 036.75 Saving for education requires a future value of $95 000. If semi-annual deposits of $4000 are made at the end of every six months for 10 years, what is the nominal annual interest rate compounded annually, on this account? Select one: a. 18.19659696 b. 3.54118390 c. 1.77059196 d. 3.57253396