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How to solve this problem by finance calculator? 11. You receive $200 a year in years 6-10 at an interest rate of 10%. What would
How to solve this problem by finance calculator? 11. You receive $200 a year in years 6-10 at an interest rate of 10%. What would the PV of this cash stream be at time 0? a $758.16 b. $1000 c. $470.76 d. $620.92 12. You want to buy a car. The list price is $10,000. You are able to put down $6,000. The dealer tells you, that he is willing to lend you money at an annual interest rate of 6% but you must be able to pay off the loan in 3.5 years. You can afford $100 monthly payments. How much can the dealer lend you? a. $3526.40 b. $4452 c. $3881.35 d. $3779.83
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