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6. (4 pts) If Rachel put iovests $13,487 now, she will receive $50,000 at the end of 10 yean. What annial mate of return will

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6. (4 pts) If Rachel put iovests $13,487 now, she will receive $50,000 at the end of 10 yean. What annial mate of return will Rachel earn on her investenent? 153685515.4% 7. (4 pts) Hart Company is considering an investment that will totum a himp sam of 32,000,000 seven years from cow. What amount should Harry Company psy for this investment to cam a 95 reterm? 8. (4 pts) Cotton Company deposited $9,000 anmally for 20 years in an account paying 8% interest compounded annually. What is the balance of the account at the end of the 20 tha year? 9. (5 pts) Cross Company bas decided to begin accumulating a fund for plant expansion. The company deposited $100,000 in a fund on January 1,2018. Dross will also deposit $55,000 annually at the end of each yoar, starting in 2018. The fund pays interest at 6% compounded annually. What is the balunce of the fund at the end of 2022 (after the 2022 deposit)? 5 10. (8 points) Sharp Company borrowed $500,000 on a 6% one-year, interest-bearing note dated November 1,2020 with interest payable at maturity. The annual accounting period ends on December 31. Assume that adjusting entries are only made at December 31 , the company's fiscal year-end. Prepare journal entries for each of the following dates: A. November 1,2021 . B. December 31, 2021 . C. October 31, 2022

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