Help please!!! THIS IS MY 3rd times, uploading the SAME QUESTIONS PLEASE ANSWER ALL

my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi 00 8 Exercise 5-18 (Algo) Solving for unknown annuity payment; installment notes [LO5-9, 5-10) 5 points Don James purchased a new automobile for $27,000 Don made a cash down payment of $6,750 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is available at a 24% annual interest rate (FV of $1. PV of $1. EVA of $1. PVA O $1. EVAD of S1 and PVAD of $.1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the amount of the required monthly payment. (Do not round Intermediate calculations, Round your final answer to nearest whole dollar amount.) Answer is complete but not entirely correct. Monthly payment 53,284,836 Seved Help 4 Exercise 5-10 (Algo) Future and present value (LO5-3, 5-7,5-8] 5 points Shoped Answer each of the following independent questions. Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $96,000 cash immediately. (2) $39,000 cash immediately and a six-period annuity of $9,800 beginning one year from today, or (3) a six-period annuity of $18.800 beginning one year from today. EV of $1. PV of S1, EVA of $1. PVA of $1. FVAD of S1 and PVAD of $i (Use appropriate factor(s) from the tables provided.) 1. Assuming an interest rate of 5%, determine the present value for the above options. Which option should Alex choose? 2. The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030. Weimer will make annual deposits of $195,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2030? BO Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Assuming an interest rate of 5%, determine the present value for the above options. Which option should Alex choose? (Round your final answers to nearest whole dollar amount.) PV Annuity Immediato Cash PV Option $ Annuity Payment Option 1 Option 2 Option 3 Which option should Alex choose? $ 0 0 $ Url https%253A%252F%252Fnewconnect.mheducation.com%252Ffact Chapter 5 Exercises Save Hol 4 5 points Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) 596,000 cash immediately, (2) $39.000 cash immediately and a six-period annuity of $9.800 beginning one year from today, or (3) a six-period annuity of $18,800 beginning one year from today. (FV of $1. PV of $1. EVA of SI, PVA of $1. FVAR. Of S1 and PVAD of 50 (Use appropriate factor(s) from the tables provided.) 1. Assuming an interest rate of 5%, determine the present value for the above options. Which option should Alex choose? 2. The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030, Weimer will make annual deposits of $195,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2030? Skipped Complete this question by entering your answers in the tabs below. Book Required 1 Hint Required 2 Print The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030. Weimer will make annual deposits of $195,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2030? (Round your final answers to nearest whole dollar amount) Show less References Table or calculator function Payment = Future value