QUESTION 7

What's the present value of $100,000 discounted back 10 years if the appropriate interest rate is 6.5%, compounded quarterly?

QUESTION 13

Suppose you inherited $500,000 and invested it at 6.25% per year. How much could you withdraw at the end of each of the next 35 years?

QUESTION 19

Suppose you borrowed $75,000 at a rate of 12% and must repay it in equal annual installments at the end of each of the next 5 years.

1. How much principal did you pay off during the first year?

2. How much interest would you have to pay during the second year?

3. How much would you still owe after the 4th year?

please answer all questions directly to chegg and show work