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Attempt oue: Aug 1 Minute, 30 Set Cash-flow A consists of a level annuity of 9 equal payments of $16,937 starting in year 7 and
Attempt oue: Aug 1 Minute, 30 Set Cash-flow A consists of a level annuity of 9 equal payments of $16,937 starting in year 7 and a lump sum of $182.629 in year 13. If the interest rate is 4.16%, what is the present value of cash-flow A? Question 2 1 pts You take out a bank loan for $21.916 today. You need to pay the loan back over the next 20 years with 20 equal payments, starting next year. If the interest rate on the loan is 4.95% APR compounded annually, how big are the payments? D Question 3 1 pts You are planning to save for you child's college education which will start in 18 years. You expect the tuition to be $48,356, each year, in years 18 to 21. If your college savings account pays 5.06% APR compounded annually, how much do you have to deposit in years 1 to 16 to exactly fund the tuition
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