if you borrow $9000 with an interest rate of 5%, to be repaid in five equal yearly payments at the end of the next five years, what would be the amount of each payment? use the appropriate factor from the tables provided

If you desire to have $20,000 for a down payment for a house in six years, what amount would you need to deposit today? Assume that your money will earn 4 percent. Use the appropriate factor(s) from the tables provided (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to the nearest whole number. A financial company advertises on television that they will pay you $75,000 now in exchange for annual payments of $13,500 that you are expected to receive for a legal settlement over the next 10 years. You estimate the time value of money at 8 percent. Exhibit 1-C. Exhibit 1-D) (1) Calculate the present value of the annual payments. (Exhibit 1.A. Note: Use appropriate factor(s) from the tables provided. (2) Would you accept this offer? Complete this question by entering your answers in the tabs below. Calculate the present value of the annual payments. Note: Round time value factor to 3 decimal places. Do not round other intermediate calculations. Round final answer to 2 decimal places