You took out a student loan in college and now have to pay $1,900 every year for 20 years, starting one year from now. The annual interest rate on the loan is 7%.What is the present value of the 20 yearly payments?

You have already $5,000 in your savings account today. You want to have $50,000 in your savings account 10 years from today, and you are prepared to make equal annual deposits into the account at the end of each year. If the account pays 5% interest annually, what amount you must deposit each year?

Determine the monthly payment if you take out a loan for $ 200000 with an annual interest rate of 7% and the term of the loan is 20 years. Monthly Payment =

what is the present value of a loan that calls for the payment of $500 per year for six years if the discount rate is 10 percent and yne forst payment will be made one year from now ? how would your answer change if $500 per year occured for ten years ?

You deposit $100 in a savings account today, and this account accrues interest compounded annually at 4%. What will the balance be exactly 20 years from today?

Suppose that your unsubsidized Stafford loans plus accumulated interest total $22000 at the time you start repayment, the interest rate is 9%APR, and you elect the standard repayment plan of a fixed amount each month for 10 years. What is your monthly repayment? How much will you pay in interest?

C) What is the present value of $7,500 per year, at a discount rate of 8.5 percent, if the first payment is received 10 years from now and the last payment is received 25 years from now?You have signed up for your 401k and will deposit $750 into your 401k when you are paid at the end of each month. If you earn a compound annual rate of return of 6%, how much will you have in 15 years?What would your monthly car payment be if you financed a $35,000 car for 3 years at a rate of 6%?The appropriate discount rate for the following cash flows is 12 percent compounded quarterly. What is the present value of the cash flows? Year 1 CF=700, Year 2 CF=600, Year 3 CF=0, Year 4 CF=1000

Suppose you want to save up for a down payment on a house in 5 years. You plan to save $1,000 per month in a savings account. The savings account offers an annual interest rate of 6%. a) If the payments are made at the end of each month, how much money will you have at the end of 5 years? b) If the payments are made at the beginning of each month, how much money will you have at the end of 5 years?

You need to borrow $15,000. You bank offers you a loan that you have to pay back $500 at the end of each quarter for total 40 quarter (total 10 years). Calculate the effective annual interest rate being charged for the loan.

Your car loan has monthly payments of $295 for the next 5 years with the first payment due today. If the annual interest rate is 5.16%, what is the value of the payments today?