1. Juan Vzquez founded a debris collection company. To pay for the trucks and the office, Juan asked the bank for a loan of $45,000 and agreed to pay the loan in 36 months at an interest of 5.3%. He calculates the total amount required to be repaid on the loan.

1. Mr. Rivera wants to invest in a loan of $38,000 at 2.5% annual interest for 4 years compounded quarterly. He determines the amount of money to accumulate in the account from the initial capital.

1. Julio bought a motorcycle for which he would pay $145.85 monthly for five years, with a financing rate of 1.8% per year. What is the cost of the motorcycle currently?