You're buying a new car and the bank says they'll loan you the required balance of the $30,000 price if you'll put down $3,000. payments will be for 60 months, and the bank's rate of interest on car loans is 9%. how much will your monthly payment be?

Imprudential, inc., has an unfunded pension liability of $572 million that must be paid in 25 years. to assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. if the relevant discount rate is 6.5 percent, what is the present value of this liability? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89)