Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 0.3%. You have to pay $280 every month for 60 months, starting one month from now. 18 Attempt 1/10 for 10 pts. Part 1 What is the present value of the cash flows? 0+ decimals Submit Part 2 18 Attempt 1/10 for 10 pts. What is the future value of the cash flows? 0+ decimals Submit Intro You want to borrow $1,000,000 from your bank to buy a business. The loan has an annual interest rate of 6% and calls for equal annual payments over 10 years (starting one year from now), after which the loan is paid back in full. | Attempt 3/10 for 10 pts. Part 1 What is the annual payment you have to make? 0+ decimals Submit