To borow S3,700, you are offered an add-on interest loan at 9.3 percent with 12 monthly payments Compute the 12 equal payments. (Round your answer to 2 decimal places.) Equal payment Compute the EAR of the loan. (Do not round intermediate calculations and round your final answer to 2 decimal places EAR What annual rate of return is implied on a $2,500 loan taken next year when $5,500 must be repaid in year 6? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Annual rate of raturn Sohving Tor Rates what annual rate of return is implied on ? $1,300 loan teken next year when $2.400 must oe repaid in year 87 737% 10 58 12.09% Problem 5-10 Present Value of a Perpetuity (LG5) What's the present value, when interest rates are 7.5 percent, of a S230 payment made every year forever? Round your answer to 2 decimal places.) Present value Wnat is the value in year 15 of a $270 cash fiow made in year 5 if interest rates are 1D percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Value in year 15 To bonrow $1,450, you are offered an add on interest loan at 8.5 percent with 12 monthly payments. Compute the 12 equal paymerits. (Round your answer to 2 decimal places.) Equal payrments Compute the EAR af the loan. (Do not round intermediate calculations and round your answer to 2 decimal places.) EAR You are looking to buy a car. You can afford $500 in monthly payments for four years. In addition to the loan, you can make a $1,500 down payment. If interest rales are 8.25 percent APR, what price of car can you afford? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value What annual rate of return is eamed on a $4,000 investrment made in year 2 when it grows to $7,600 by the end of year 8 (Do not round intermediate calculations and round your final answer to 2 decimal places.) Annual rate of return Given a 3 percent interest rate, compute the year 6 future value of deposits made in years 1, 2, 3, and 4 of S1,800, $2,100, $2,100, and $2,200. Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value