Theo just took out a loan from the bank for 88,506 dollars. He plans to repay this loan by making a special payment to the bank of 36,472 dollars in 2 months and by also making equal, regular monthly payments of X. If the interest rate on the loan is 1.35 percent per month, he makes his first regular monthly payment later today, and he makes his last regular monthly payment made in 4 months from today, then what is X, the amount of the regular monthly payment?

An investment, which is worth 41,500 dollars and has an expected return of 6.12 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected in 1 year from today and the last annual cash flow is expected in 5 years from today. What is the present value of the annual cash flow that is expected in 3 years from today?

An investment, which is worth 247,027 dollars and has an expected return of 9.9 percent, is expected to pay fixed annual cash flows for a given amount of time. The first annual cash flow is expected later today and the last annual cash flow is expected in 9 years from today. What is the present value of the annual cash flow that is expected in 2 years from today?

Fatima wants to buy a boat that is available at two dealerships. The price of the boat is the same at both dealerships. Middlefield Motors would let her make quarterly payments of 4,900 dollars for 8 years at a quarterly interest rate of 3.54 percent. Her first payment to Middlefield Motors would be due in 3 months. If Fairfax Boats would let her make equal monthly payments for 3 years at a monthly interest rate of 0.66 percent and if her first payment to Fairfax Boats would be today, then how much would each monthly payment to Fairfax Boats be?

Ruby just borrowed 180,510 dollars. She plans to repay this loan by making a special payment of 20,681 dollars in 3 years and by making regular annual payments of 29,457 dollars per year until the loan is paid off. If the interest rate on the loan is 16.71 percent per year and she makes her first regular annual payment of 29,457 dollars immediately, then how many regular annual payments of 29,457 dollars must Ruby make? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).

Allysha just borrowed 41,500 dollars. She plans to repay this loan by making a special payment of 6,500 dollars in 5 years and by making regular annual payments of 6,100 dollars per year until the loan is paid off. If the interest rate on the loan is 6.52 percent per year and she makes her first regular annual payment of 6,100 dollars in one year, then how many regular annual payments of 6,100 dollars must Allysha make? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).