Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight-year life. What would be the present value of this loan if it carried a 10% interest rate?

Given the following statements, which is the best

In factoring by grouping, what would you have for step 3 for the following? step 1: x^3 +5x^2 +4x+20 step 2: x^2 (x+5)+4(x+5) step 3: ?

The marriott family bought a new apartment three years ago for $65,000. the apartment is now worth $86,515. assuming a steady rate of growth, what was the yearly rate of appreciation? what is the percent of the yearly rate of appreciation?