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Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000

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Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025. Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (EV of \$1, PV of \$1, FVA of \$1, PVA of \$1, FVAD of \$1 and PVAD of \$1] Complete this question by entering your answers in the tabs below. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. Note: Round your final answers to nearest whole dollar amount. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025. Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2 . Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4 . If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of S1. PV of S1. EVA of S1. PVA of S1, EVAD of S1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Calculote the requited annual payment if the bank's interest rate is 8% and five payments are to be made. Note: Round your final answers to nearest whole doliar amount. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025 . Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (EV of \$1, PV of \$1. FVA of \$1, PVA of S1. EVAD of S1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? Note: Round the value of " n " to the nearest whole number. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025. Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of \$1. PV of \$1, FVA of \$1, PVA of \$1, EVAD of \$1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: Round percentage answer to one decimal place. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025. Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (EV of \$1, PV of \$1, FVA of \$1, PVA of \$1, FVAD of \$1 and PVAD of \$1] Complete this question by entering your answers in the tabs below. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. Note: Round your final answers to nearest whole dollar amount. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025. Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2 . Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4 . If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of S1. PV of S1. EVA of S1. PVA of S1, EVAD of S1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Calculote the requited annual payment if the bank's interest rate is 8% and five payments are to be made. Note: Round your final answers to nearest whole doliar amount. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025 . Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (EV of \$1, PV of \$1. FVA of \$1, PVA of S1. EVAD of S1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? Note: Round the value of " n " to the nearest whole number. Lowlife Company defaulted on a $140,000 loan that was due on December 31,2024 . The bank has agreed to allow Lowlife to repay the $140,000 by making a series of equal annual payments beginning on December 31,2025. Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment if the bank's interest rate is 8% and five payments are to be made. 3. If the bank's interest rate is 10%, how many annual payments of $32,145 would be required to repay the debt? 4. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: For all requirements, Use tables, Excel, or a financial calculator. (FV of \$1. PV of \$1, FVA of \$1, PVA of \$1, EVAD of \$1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. If three payments of $54,325 are to be made, what interest rate is the bank charging Lowlife? Note: Round percentage answer to one decimal place

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