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A Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $15,500 beginning immediately. The interest rate on the note is 5%. What amount did the company borrow? Note: Use tables, Excel, or a financial calculator. (EV of \$1, PV of \$1, FVA of S1, PVA of \$1, EVAD of \$1 and PVAD of \$0 A company borrowed $120,000 from a local bank. The loan requires 10 equal annual payments beginning one year from today Assume an interest rate of 7%. What is the amount of each annual payment? Note: Use tables, Excel, or a financial calculator. Round your final answer to nearest whole dollar amount. (EV. of 51 . PV of 51 . EVA of \$1, PVA of 51 , EVAD of 51 and PVAD of \$1) A Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $13.500 not due for three years. The interest rate on the note is 6% What amount did the company borrow? Note: Use tobles, Excel, or a financlal calculator. Round your intermedlate and final answers to nearest whole dolliar amount. fVV of \$1. PV of \$1. EVA of \$1. PVA of. \$1. EVAD of \$1 and PVAD or \$1) A Comparyy borrowed money from a local bank. The note the company signed requires five annual installment paymerits of $11,500 beginning one year from today. The interest rate on the note is 7%. What amount did the company borrow? Note: Use tables, Excel, or a financlal calculator. Round your final answers to nearest whole dollor amount. (IV of 51 , pV of 51 . PVA or \$1. PVA of S1. FVAD of S1 and PVAD of \$1) You would like to contribute to a savings account over the noxt three years in order to accumalate enough money to takn a irip to Europe. Assume an interest rate of 8%, compounded quarterly. How much will accumulate in three years by depositing $420 at the beginning of each of the next 12 auartens? Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of St. PV of. 51. EVA of 51. PVA of S1, FVAD of \$1 and PVAD of Si)

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