QUESTION 10 You want to buy a car, and a local bank will lend you $35.000. The loan will be fully amortized over 4 years (48 months), and the nominal interest rate will be 4.5% with interest paid monthly. What will be your princoal payment in the first month according to the amortization schedule? S066.87 S685 35 $799 30 $715 82 $769.37 QUESTION 11 Suppose Stanley Bank offers to lend you $8,000 for one year at a nominal annual rate of 15.50%, but you must make interest payments at the end of each quarter and then pay off the 58.000 principal amount at the end of the year. What is the effective annual rate on the loan? 15.715. 15.94% 16.42% 16.97% 17.129 QUESTION 12 What is the present value of the following cash flow stream at a discount rate of 8.0%? Years CFS $1000 $2,500 $3,200 $4,200 58,950.84 50.054 25 $0.175.14 50 271 20 $9 392 39