Calculate the present value of the note receivable using a 15 % interest rate. (5 years). Using the present value of the note as the only economic benefit received, recalculate the gain or loss on the transaction. (note receivables: 8,000,000, asset: 5,100,000, gain 2,900,000)

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Compute and compare the following interests situations if you deposit $2500 into an account with 3.5% interest for 10 years. 20) The account pays simple interest. 21) The account pays compounding interest monthly. 22) The account pasy continuously compounding interest. 23) How much difference is there between the three different types of interest? Explain.

1. Let's assume that a loan of $100,000 with an annual interest rate of 6% over 30 years pays monthly payments of $500. a. Calculate the accumulation rate  b. Calculate the payment rate . c. Answer : How will the balance of the principal be at the end of the loan in relation to the original amount of the loan? Less, equal or greater? Provide calculations.