Michael purchased a new house for $80,000. He paid $20,000 for down payment and agreed to pay the rest over the next 25 years in 25 equal annual payments that include principal plus 9 percent compound interest on the unpaid balance. What will these equal payments be? $10,180.63 $7,800 $6,108.38 $8,144.50 Any kinds of credits without collateral are called: * revolving credit. non-performing loan (NPL.). clean loan. overdraft (O/D). Assume that you are evaluating an investment that requires you to invest 10,000 Baht per year for 3 years (the beginning of year 1-year3). Following this you will not receive anything for two years, then you will receive 20,000 Baht for 3 years. If the cost of capital is 12%, should this project be accepted? Yes, because the project NPV is 3,627. Yes, because the project NPV is 9,174. Yes, because the project NPV is 3,239. Yes, because the project NPV is 13,627