. If you invest $18,828 at an interest rate of 8.28 percent. How much will you have at the end of eight years? If you use simple interest: . How much is the present value, if the future value is $ 186,000 , the interesting period (term) is 3 months and compounding period is 1 month. The annual rate is 22%. . How much is the present value for $89,000? The annual rate is 10.8% and the interesting period is 9 years. The compounding period is 1 week. Sam's Company expects to pay a dividend of $6 per share at the end of year one, $9 per share at the end of year two and then be sold for $136 per share. If the required rate on the stock is 20%, what is the current value of the stock? . You would like to have enough money saved to receive a $182,000 per year perpetuity after retirement so that you and your family can lead a good life. How much would you need to save in your retirement fund achieve this goal (assume that the perpetuity payments start one year from the date of your retirement. The interest rate is 13%)? . What is the present value annuity factor of $1at a discount rate of 15% for 15 years . John Black has taken a $150,000 mortgage on his house at an interest rate of 6% per year. If the mortgage calls for thirty equal annual payments, what is the amount of each payment? . Company Y does not plowback any earnings and is expected to produce a level dividend stream of$10 a share. If the current stock price is $40, what is the market capitalization rate? Company Z's earnings and dividends per share are expected to grow indenitely by 5% a year. If next year's dividend is $12 and the market capitalization rate is 8%, what is the current stock price