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Enter Answers Correct Answers 2 points Each ( 10 Points Total ) Below Below Q 1 ) Suppose you signed a contract for a special assignment over the next 13 years . You will be paid $7 , 789 at the end of each year . If your required rate of return is 05 . 00 % , what is this contract worth in today ?' FIRST NAME LAST NAME Landon Graves Q 2 ) You need a loan to purchase new equipment . The loan will be paid off over 3 years with payments made at the end of every quarter . If the stated annual rate is 18 . 00% and quarterly payments are $521 , what is the loan* amount ?` Q 3 ) You would like to purchase a car for $29 , 239 . If the car loan is 10 .00 % financed over 4 years , what will the monthly payments be for this car ?' INSTRUCTIONS Q 4 ) What is the most that you would pay for an investment that promises to pay $17 , 005 a year forever with the first payment starting one year from* now ? Assume that your required rate of return for this investment is 07 . 00 %* When inputting an answer , round your answer to the nearest 2 decimal places . If you need to use a Q 5 ) A loan has a stated annual rate of 04 . 00 % . If loan payments are made calculated number for further calculations , DO NOT round until after all calculations have been* monthly and interest is compounded monthly , what is the effective annual completed . For the final answer , Round to 2 decimal places . rate of interest ?* SCORE - This Attempt FINAL SCORE 0 . 00 DON'T FORGET TO UPLOAD TO THE CANVAS ASSIGNMENT LINK . Score & Feedback