Bill Padley expects to invest $25,000 for 4 years, after which he wants to receive $31,562.50. What rate of interest must Padley earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Table Factor Future Value Present Value Interest Rate Mark Welsch deposits $7,000 in an account that earns interest at an annual rate of 12%, compounded quarterly. The $7,000 plus earned interest must remain in the account 4 years before it can be withdrawn. How much money will be in the account at the end of 4 years? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 |decimal places.) Total Accumulation Present Value Table Factor Spiller Corp. plans to issue 12%, 9-year, $410,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2019, and are issued on that date. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar.) If the market rate of interest for the bonds is 10% on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are Based on: n =i j = Cash Flow Table Value Amount Present Value Present (maturity) value Interest (annuity) Total cash proceeds