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please answer these 5 questions 5. Calculating Annuity Cash Flows You plan to spend six years in college and obtain both your bachelors and masters
please answer these 5 questions
5. Calculating Annuity Cash Flows You plan to spend six years in college and obtain both your bachelors and masters degrees. Your uncle is gifting you a six-year ordinary annuity to help you pay for your education. The annuity has a present value of $24,500, with interest rates set at 11%. How much will you have each year to support your education? Question 6 1 pts 6. Calculating Annuity Values You've taken on as a consultant for a non-profit and have a contract that pays you $2,100 annually for seven years. If your opportunity cost is 5%, what is the present value of this contract? Question 7 1 pts 7. Calculating Annuity future values You make annual end-of-year deposits $1,900 in your savings account that earns 8%. How much will your investment be worth in 10 years? You're considering a loan with a 10% stated annual rate and quarterly compounding. What is the effective annual rate? Question 3 3. Calculating APR Given an EAR of 14% and semiannual compounding, what is the APRStep by Step Solution
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