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1) Question 5 4 pts Buck's Big Rig Company is replacing part of its fleet of trucks by purchasing them under a note agreement with

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1) Question 5 4 pts Buck's Big Rig Company is replacing part of its fleet of trucks by purchasing them under a note agreement with Doe Distributing on January 1, 2019. Buck's financed $37,908,000, and the note agreement will require $10 million in annual payments starting on December 31, 2019 and continuing for a total of four more years (five years total, with final payment due December 31, 2023). Doe will charge Buck's the market interest rate of 10% compounded annually, On January 1, 2019. Buck's will record a note payable in the amount of: O $50,000,000 541,698.000 $37.900.000 $10 000.000 Question 6 4 pts Keith received a gift from his Grandma Martha of $100,000. She has promised to pay Keith the $100,000 divided into equal installments at the end of each year for the next 10 years in other words, $10,000 per year). Keith wants to know how much the $100,000 is worth in today's dollars. Which of the following will Keith need to calculate this amount? The anticipated interest rate and the future value table for annuities The anticipated interest rate and the present value table for annuities. The anticipated interest rate and the future value of $1 table. The ardicipated interest rate and the present value of $1 table

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