You plan to borrow $389,000 now and repayit in 25 equal annual installments (payments will be made at the end ofeach year). If the annual interest rate is 14%, how much will your annual payments be? You still have 4 years left in college and want to go on a trip to another country when you finish You estimate that youneed about $10,000 to comfortably go and have a great time. How much do you need to deposit everymonth if you have a savings account that eams you 4%? valuing an investment that will pay you $12,000 the first year, $14,000 the second year, $17,000 the third year, $19,000 the fourth year, $23,000 the fifth year, and $29,000 the sixth year (all payments are at the end ofeach year). What it the value ofthe investment to you nowis the appropriate annual discount rate is 11.00%? You are You are valuing an investment that will pay you $27,000 per year for the first ten years, $35,000 per year for the next ten years, and $48,000 peryear the following ten years (all payments the end of each year). Ifthe appropriate annual discount rate is 9.00%, what is the value ofthe investment to you today? are at