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Catten, Inc, invests $164,170 today earning 6% per year for six years. (PV of $1. FV of $1, PVA of $1, and FVA of $1)

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Catten, Inc, invests $164,170 today earning 6% per year for six 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.) Compute the future value of the investment six years from now. Dave Krug finances a new automobile by paying $7,300 cash and agreeing to make 40 monthly payments of $550 each, the first payment to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What is the cost of the automobile? (PV of \$1. FV of S1. PVA of S1, and EVA of \$1) (Use appropriate factor(s) from the tables provided, Round "Table Factor" to 4 decimal places.)

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