PLEASE ANSWER ALL QUESTIONS SHOWING FINANCIAL CALCULATOR INPUTS: 1) What is the present value of a series of equal yearly payments of $30,000 at 3.2% for 15 years. Payments are received at the beginning of the year. 2) What is the price of a 20 year, $10,000,000 bond that carries a face rate of 3%, a yield rate of 2.8%, and pays interest twice per year. 3) On January 1, 2020, we want to lease a piece of machinery that has a fair value of $150,000. The market rate for financing is 8%, and the lease term is five years. At the end of the lease, the machinery will be returned to the leasing company. The residual value is not guaranteed. Lease payments are due at the beginning of each quarter, with the first payment due January 1, 2020. Calculate the quarterly lease payments and round to the nearest dollar.

4) We sold equipment by accepting a three-year non-interest-bearing note for $120,000. Our customer would normally pay 6% interest on similar debt. The note requires the customer to repay $40,000 at the end of every year for 3 years. What is the value of the sale?

Your answer MUST be expressed as a whole number.