A.

Wissler, Inc. owes $273,000 to the bank for some improvements made to its office building. The loan is for 60 months and the monthly payment is $5,945.79 What is the interest rate on the loan?

B.

Huggins Co. has identified an investment project with the following cash flows.

Year				Cash Flow
	1			$	790
	2				1,070
	3				1,330
	4				1,450

If the discount rate is 9 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value

$

What is the present value at 17 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value

$

What is the present value at 25 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Present value

$