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1, Bonita Industries will receive $395000 in 7 years. If the appropriate interest rate is 9%, the present value of the $395000 receipt is Click

1,Bonita Industries will receive $395000 in 7 years. If the appropriate interest rate is 9%, the present value of the $395000 receipt is

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$722076.

$216077.

$612250.

$217250.

2.Bonita Industries will invest $880000 today. The investment will earn 6% for 5 years, with no funds withdrawn. In 5 years, the amount in the investment fund is

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$880000.

$1144000.

$1177642.

$1179455.

3,Concord Corporation will invest $83000 every December 31st for the next six years (2017 - 2022). If Concord will earn 13% on the investment, what amount will be in the investment fund on December 31, 2022?

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$374932.

$690785.

$331796

$780586.

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