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stuck on these two finance questions can someone help ASAP Mail-Blackmon, Trevor - Outx Taka Test: AAEC 3302 Final X + oard.com/webapps/assessment/take/launch.jsp?course_assessment_id-_258155_1&course_ide_76741_1&content_id_5687849_1&step=null eo Remaining Time3
stuck on these two finance questions can someone help ASAP
Mail-Blackmon, Trevor - Outx Taka Test: AAEC 3302 Final X + oard.com/webapps/assessment/take/launch.jsp?course_assessment_id-_258155_1&course_ide_76741_1&content_id_5687849_1&step=null eo Remaining Time3 hours 45 minutes, 28 seconds Question Completion Status: QUESTION 21 4 points Save Amer Assume a farmer takes out a ten year loan for $100,000. The annual interest rate is 7% and the farmer will make equal total annual payments for years one through ten with a 25% balloon payment at the end of year 10. How much total interest will the farmer pay over the life of the loan (approximately O $149.285 Ob $37.429 $49,285 Od. $12.429 4 points Save Anwer QUESTION 22 An agricultural accounting firm needs a new copy machine. If it uses the copier on a five year lease, five rental payments of $900 will be made at the end of the year, including the first. Alienatively, the firm could purchase the copier. If purchased, an initial investment of $500 would be required. Amortized loan payments of S500 would then be made at the end of years 1-5. The copier would have to salvage value at the end of five years. 52200 in cash inflow each year would be attributed to the copier. The cost of capital is 95. What is the approximate net present value of the purchase option? O a $5.05 Ob 13.000 c. $6.112 $4.500 Click Save and submit to see and submit. Click Save All Auto www all answer Save Al Answers Save and Submit A $ 4 # 3 % 5 & 7 8 9 0 6 O T U E R Y W L H G S D Step by Step Solution
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