You have just received an offer in the mail from Friendly Lo…

You have just received an offer in the mail from Friendly Loans. The company is offering to loan you$4,500 with low payments of $80 per month. If the interest rate on the loan is an APR of 14.3 percent compounded monthly, how long will it take for you to pay off the loan?

You have just deposited $13,500 into an account that promise…

You have just deposited $13,500 into an account that promises to pay you an annual interest rate of 7 percent each year for the next 6 years. You will leave the money invested in the account and 10 years from today, you need to have $26,400 in the account. What annual interest rate must you earn over the last 4 years to accomplish this goal?

The current dividend yield on Ventana common stock is 1.89 p…

The current dividend yield on Ventana common stock is 1.89 percent. The company just paid an annual dividend of $1.56 and announced plans to pay $1.70 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock?