I need help on #16 & shown how its done please & thank you!

esent Value ofan Amount: Concept Conne . How 276 Part 2 Discounted C worth today if int s15,750 to be received in 12 years worth today be Present mach is a guaranteed promise of 14%? How mach woald you have to put in the bank today to have $42,800 in 9 4 (page 237-238 S. 7%? Finding korn: Concept Connection Examples 63 and 6-4 (paoe 7. How long will it take S 5,000 invested at 14% to double? 8. At what interest rate will $750 grow into $3,132.83 in 15 years? 9. Ifyou invest $8,000 at 12%, how long will it take to triple? 6. At what interest rate will S1,000 grow into $3,642.50 in 15 years? 6i Future and Present Values of an Annuity: Concept Connection Exampl (page 243) 10. How much will 650 per year deposited at 129% be worth in 8 years? u. How mach would you have to save each yearto have $65,000 in 10 years if the interestrati expected to be 7%? 12. What interest rate will make $7,500 per year accumulate to $279,600 in 15 years? 3. Hone many years will it take for $850 per year to accumulate to $20,000 if the interest 14. What would you pay for an annuity of $3,000 per year for 12 years if the interest rate is 15. What are the annual payments on a loan of S350,000 to be repaid over 10 years at 8%? Amount Problems Future Value of an Amount: Concept Connection Example 6-1 (page 233 t6. What will a deposit of $4,500 left in the bank be worth under the following conditions rate s 8 10% a. Left for nine years at 7% interest b. Left for six years at 10% compounded semiannually C. Left for five years at 8% compounded quarterly d, Left for 10 years at 12% compounded monthly Present Value of an Amount: Concept Connection Example 6-2 (page3 17. The Lexington Property Development Company has a $10,000 note receivable from a due in three years. How much is the note worth today if the interest rate is a. 9%? b, 12% compounded monthly? . 8% compounded quarterly? 18% compounded monthly? Finding the Interest Rate: Concept Connection Example 6 18. What interest rates are implied by the following lending arrangements 6-3(page237) a. Yoa borrow $500 and repay $535 in one year. b. You lend $1,850 and are repaid $2,078.66 in two years c You lend $750 and are repaid $1,114.46 in five years with quarterly ca d. You borrow $12,500 and repay $21,364.24 in In parts c and d, be sure to give your answer as the annual nominal rate thly C comp