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  1. business
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  3. c. you deposited $10,000 in your back account 5 ye

c. You deposited $10,000 in your back account 5 year ago and you now noticed...

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Accounting

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c. You deposited $10,000 in your back account 5 year ago and you now noticed that it has increased to $20,000. What is the implied interest rate provided by your bank? [ 5 marks] d. What is the present value of a 10 -year ordinary annuity of $5000 if the discount rate is 7% ? [5 marks] e. Consider a 4-year amortizing loan. You borrow $10,000 initially and repay it in 4 equal annual year-end payments and the interest rate is 10%. i. What will be the annual payment? [2 marks] ii. Prepare the loan amortization schedule. [8 marks]

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