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Arial 12 EE General $ % 9 = II J 8 99 Conditional Forma 'Chapter 9 Short Problems (8 points) A B C D E

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Arial 12 EE General $ % 9 = II J 8 99 Conditional Forma 'Chapter 9 Short Problems (8 points) A B C D E 1 Chabter 9 Short Problems (8 points) Use Excel functionality to calculate PV and make sure to answer both questions 13 & 14 Restrict your answers to the gray area only.scroll down 413) Porter Corporation promises to pay $100,000 at the end of five years to purchase and develop an empty lot and If the interest rato negotiated on this transaction is 4%, what amount should be reported in the liability section of Porter's balance sheet on the date of this transaction. . PVE FV= PM 14.) Hughes Corporation is required to fund a retirement account that will pay its retirees $50,000 per year for the next 10 years Hughes Corporation can eam a 5% interest rate on that account, what amount needs to be deposited today to fund that account. NNNNNNNNN Multiple Choice Chapter 6 Chapter 8 Chante

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