Please answer the questions in the attached document. These are questions that I cannot seem to get. Please round your answers to 2 decimal places.

- - - - - - - - - Big Brothers, Inc. borrows $310,301 from the bank at 6.34 percent per year, compounded annually, to purchase new machinery. This loan is to be repaid in equal annual installments at the end of each ear over the next 9 years. How much will each annual payment be? Stephen plans to purchase a car 3 years from now. The car will cost $53,868 at that time. Assume that Stephen can earn 5.07 percent (compounded monthly) on his money. How much should he set aside today for the purchase? You have been offered the opportunity to invest in a project that will pay $3,167 per year at the end of years one through three and $12,423 per year at the end of years four and five. If the appropriate discount rate is 12.2 percent per year, what is the present value of this cash flow pattern? Assume that the inflation rate during the last year was 1.14 percent. US government Tbills had the nominal rates of return of 3.64 percent. What is the real rate of return for a Tbill? You plan to buy a house in 13 years. You want to save money for a down payment on the new house. You are able to place $296 every month at the end of the month into a savings account at an annual rate of 12.77 percent, compounded monthly. How much money will be in the account after you made the last payment? You currently have $75.7 in your savings account at an annual rate of 8 percent. How many years will it take for this investment to grow to a value of $356.6? You have decided to place $926 in equal deposits every month at the beginning of the month into a savings account earning 3.69 percent per year, compounded monthly for the next 3 years. The first deposit is made today. How much money will be in the account at the end of that time period? You have accumulated some money for your retirement. You are going to withdraw $89,903 every year at the end of the next year for the next 15 years. How much money have you accumulated for your retirement? Your account pays you 13.49 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows. At what annual rate would the following have to be invested? $3800, to grow to $59,854, in 9 years. What is the accumulated sum of the following stream of payments? $1,508 every year at the end of the year for 5 years at 5.98 percent, compounded annually. If you invest $6,593 today at an interest rate of 4.79 percent, compounded daily, how much money will you have in your savings account in 27 years? What is the present value of a $204 perpetuity discounted back to the present at 7.23 percent. What is the present value of the following annuity? $4,236 every half year at the end of the period for the next 15 years, discounted back to the present 13.12 percent per year, compounded semiannually. Your saving account has a nominal annual interest rate of 14.63 percent, compounded monthly. Calculate the effective annual rate, or EAR (annual percentage yield). - You plan to buy the house of your dreams in 18 years. You have estimated that the price of the house will be $74,169 at that time. You are able to make equal deposits every month at the end of the month into a savings account at an annual rate of 10.39 percent, compounded monthly. How much money should you place in this savings account every month in order to accumulate the required amount to buy the house of your dreams