What are the annual payments to pay off a $100,000 loan over 10 years when the interest rate is 7% p.a.?

Select one:

$11,928

$14,238

$12,950

$13,587

Question 29

Which of these statements is correct?

Select one:

higher interest rates tend to increase the attractiveness of investment projects

nominal interest rates tend to be high when inflation is low

in an inverted term structure of interest rates, the longer-term rates are lower than shorter-term rates

all of the above