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Economics

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1. The company is planning to borrow now $74000 at 14% per year compounded continuously. The company expects to repay the loan with ten equal annual payments beginning 4 years after the loan is received. Find the amount of equal annual payments.

2. How much money can be withdrawn every 9 months for 12 years from a retirement fund which earns 12% per year interest compounded quarterly and has a present amount of $85000 in it?

3. Determine the equal , end of period , annual worth of a process which will involve an initial outlay of $90000 followed by costs of $10000 at the end of yearl and amounts increasing by $1000 per year through its 12 year life. Assume that the interest rate is 12% per year compounded monthly.