What is the dollar value of the interest on the loan

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Question 1: Mr. Wani Kinghom wishes to endow a scholarship of $10 000 per year for the next 20 years. The scholarship will be paid out of a trust fund at the end of each year. with the first payment °coaxing one year from now. How much would Mr. Wani Kinghom need to donate to the trust fund today if it is expected to earn 9% pa? a. $200 000.00 b. $93 315.45 c. $99 501.15 d. $91285.46

Question 2: A 90-day bank bill with a face value of $10000 and current price of $9818.43 is trading at a yield of: a. 58234.54 b. $9504.90 c. $9745.23 d. $9818.43

Question 3: If Selastino borrowed 530 000 from his mother at a rate of 5% p.a. compounded quarterly for 5 years, what is the dollar value of the interest on the loan? a. $8461.12 b. $8930.93 $7930.04 el. 59000.15

Question 4: The present value of an ordinary annuity paying 55000 for 6 years at an interest rate of 5.75% p.a. compounded quarterly is: a. 525 890.50 b. $25 220.70 c. $25178.93 d. S25 005.58

Reference no: EM132657677

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