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1) Find the unpaid balance on the debt

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1) Find the unpaid balance on the debt. (Round your answer to the nearest cent.)

After 6 years of monthly payments on $160,000 at 3% for 25 years.

$ _____

2) 

1. Consider the following stream of Cash flows:

Year Cash Stream

1. 1 $500
2. 2 200
3. 3 450
4. 4 450
5. 5 150

a. Find the present value of the cash flow stream if the appropriate discount rate is 10 percent.

b. Find the value of the cash flow stream at Year 3 if the appropriate discount rate is 10 percent.