Suppose you will receive payments of $19,000 at the beginning of the next 8 years (i.e., the first payment is today). What is the present value of all the payments? The interest rate is 9%. Enter your response below (rounded to 2 decimal places). If the nominal interest rate is 7% and the inflation rate is 3.9%, what is the real interest rate? Use the exact formulation rather than the approximation. Enter your answer as a percentage. Do not enter the percentage sign as part of your answer. Enter your response below (rounded to 2 decimal places). % Suppose you borrow $45,000 from a bank. The terms of the loan are 20 years with an interest rate of 5%. What are the annual loan payments at the end of the year to the bank? Enter your response below (rounded to 2 decimal places). If you invest $4,000 into a savings account at 4% interest per year (APR), compounded monthly, how much will you have in the savings account after 5 years? Enter your response below (rounded to 2 decimal places)