You have a loan outstanding. It requires making nine annual payments of $ 7 comma 000 each at the end of the next nine years. Your bank has offered to restructure the loan so that instead of making the nine payments as originally agreed, you will make only one final payment in nine years. If the interest rate on the loan is 9 %, what final payment will the bank require you to make so that it is indifferent to the two forms of payment?

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?