If you put up $25,000 today in exchange for a 7.25 percent, 12-year annuity, what will the annual cash flow be ?re

I'm having trouble showing my work for these questions. Thanks

ANSWER CHOICES ARE:

$2,083.33

$3,360.47

$3,189.62

$5,354.40

$3,022.93

Barcain Credit Corp. wants to earn an effective annual return on its consumer loans of 10 percent per year. The bank uses daily compounding on its loans. What interest rate is the bank required by law to report to potential borrowers?

SHOW WORK PLEASE

ANSWER CHOICES Are:

10.00%

8.58%

9.53%

10.49%

10.52%