Problem: 1. If a company borrows $300,000 for four years at 10%, what would the annual loan payments be? $ 2. If the company borrows $650,000 for 10 years at 12%, what would the annual loan payments be? $ 3. Calculate the annual payment, finance costs, and principal repayments on a $300,000 loan with a 10% interest rate over four years. 4. During the next four months, a company is considering approaching banks to finance its increased level of working capital. The company expects to increase its working capital needs by $30,000 and hopes to obtain 55% financing from the bank. The bank manager said that it would cost them $700 in finance costs for the four-month period. Based on this information, calculate the company's APR for the four-month loan. 5. During the next four months, a furniture manufacturer will be entering its holiday season. Management expects commercial trade receivables to reach $900,000 and will be seeking a bank loan that will finance 60% of the receivables. The bank charges 8% and an additional 1% service fee of the pledged trade receivables. The average collection period is 45 days. Calculate the company's APR for the pledged trade receivables