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. What is the future value of a 3%, 2-year ordinary annuity that pay An investment will pay $180 at the end of each
. What is the future value of a 3%, 2-year ordinary annuity that pay An investment will pay $180 at the end of each of the next 3 years, $200 at the end of Year 4, $310 at the end of and $490 at the end of Year 6. If other investments of equal risk eam 4% annually, What is this investment's present value? 10 points You want to buy a car, and a local bank will lend you $70,000. The loan will be fully amortized Over 2 years (24 months), and the nominal interest rate would be 17%, with interest paid monthly. What is the monthly loan payment? 10 points
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