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answer the following question? Pelcher Company acquired a machine by issuing a note that requires semiannual payments of $4,300 for 4 years. The interest rate
answer the following question? Pelcher Company acquired a machine by issuing a note that requires semiannual payments of $4,300 for 4 years. The interest rate on the note is 10% compounded semiannually. What is the cost of the machine? (PV of \$1. PV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) Multipie Choice 515,05730 524,703,36 $13,61700 527791.76 $34,40000 A company is considering an investment that will return $19,000 semiannually at the end of each semiannual period for 4 years. If the company requires an annual return of 10%, what is the maximum amount it is willing to pay for this investment? (PV of $1. EV of $1. PVA of $1 and EVA of $1 ) (Use appropriate factor(s) from the tables provided.) Multiple Choice Not more than $60,228 Not more than $120,456 Not more than $76.000 Not more than $122.801 Not more than $152,000 What amount can be borrowed if seven quarterly payments of $5,600 are made at a 16% annual rate of interest? (PV of $1, EV of $1. PVA of $1, and EVA of \$1) (Use appropriate factor(s) from the tables provided.) Mutiple Choice $54,960.00 $44,230.48 $33,61176 $42,991.96 $56,000.00
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