What is the amount of each payment

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Questions - Short answer questions (show your work):

Q1. Magna Corp. provides you with the following information: profit margin = 4%; asset turnover = 1.8; debt = $2,000; equity = $4,000; plowback ratio = 80%. What is Magna's sustainable growth rate?

Q2. If you want your firm to have a higher sustainable growth rate, what factors would you consider as potential sources of improvement in the growth (see the formula for the SGR)?

Q3. What is the primary goal of financial management?

Q4. Janet plans on saving $2,000 a year and expects to earn7.5 percent annually. How much will Janet have at the end of twenty-five years if she earns what she expects?

Q5. You borrow $35,000 to buy a car. The terms of the loan call for monthly payments for five years at a 3.9% rate of interest. What is the amount of each payment?

Reference no: EM132982697

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