Ms. Chestnut wants to donate money now for an account that will allow a favored charity to make $16,000 withdrawals at the end of each of years 18 to 49. How much should she contribute today if investment managers Cherry Capital expect to earn returns averaging 5.3% per year on the charitys foundation account? (This is a 32-year deferred annuity, with $16,000 to be paid out at the end of each of years 18 to 49.)

• A. $106,817.15
• B. $95,125.06
• C. $101,440.79
• D. $244,059.05
• E. $115,486.19

How much money must Mr. Cottonwood have today in his account at Crabapple Mutual Savings Association if he wants to be able to withdraw $7,800 at the beginning of each semiannual period (every six months) forever, if we assume that a return represented as an 8.4% annual percentage rate (APR) can be earned on the accounts remaining balance?

• A. $477,382.50
• B. $193,514.29
• C. $92,857.14
• D. $185,714.29
• E. $201,314.29

Elm Enterprises wants to borrow $11,000,000. The Fir Financial Bank requires business loans of this type to be repaid in equal installments, paid at the end of each month for 25 years. If the interest rate is presented as an effective annual rate (EAR) of 4.157167%, what is the amount of each monthly payment? (Yes, it would be unusual for a bank to quote a loan interest rate this way. Be sure to carry computations out several decimal places for accuracy.)

• A. $58,350.66
• B. $59,656.42
• C. $21,149.05
• D. $58,549.05
• E. $59,020.88

Ms. Ginkgo wants to save money every year while she works, to build a nest egg fund to draw from during retirement. Specifically, she plans to deposit $9,600 at the Grapefruit Savings Bank at the end of each year for 25 years, and then withdraw equal amounts to help pay living expenses at the beginning of each year for the following 27 years. How much can each of the 27 withdrawals be (occurring at the start of each of years 26 52) if 3.8% annual interest can be earned, throughout the life of the plan, on the accounts remaining balance?

• A. $13,887.13
• B. $22,449.35
• C. $24,187.92
• D. $14,414.84
• E. $23,302.42

if you could answer all the questions that would be great! thank you