A)
You are expecting to receive $300 at the end of each year inyears 3, 4, and 5, and then 500 each year at the end of each yearin years 10 through 25, inclusive. If the appropriate discount rateis 9.2 percent, for how much would you be able to sell your claimto these cash flows today?​
B)
You are paying an effective annual rate of 12.93 percent on yourcredit card. The interest is compounded monthly. What is the annualpercentage rate on your account? (Enter rate in percents, not indecimals.)
C)
If you put up $43,463 today in exchange for a 10.7 percent, 12year annuity, what will the annual cash flow be?
