On April $1,$ Lincoln Lumber borrowed $$20,000$ at $9\%$ interest, due in $4$ months. How much will they repay when the note comes due?

On January $1,$ year $1,$ you invest $$20,000$ one time in an Individual Retirement Account earning $5\%.$ How much will

you have when you retire in $40$ years?

You want to have $$1,000,000$ when you retire in $40$ years. At $10\%$ return, how much would you have to put aside today to

avoid making yearly contributions in the future, and still have the $$1,000,000?$

You want to have $$1,000,000$ when you retire in $40$ years. At $10\%$ return, how much would you have to put aside each year to

have $$1,000,000$ in $40$ years?

Your win $$10,000/$year for $20$ years in the lottery. Assuming a $6\%$ return per year, how much are the payments worth now?

ABC Company buys equipment for $$20,000$ down and $$10,000/$year for $5$ years. If interest rates are $7\%/$year$,$ how much

should we record as the cost of the equipment?