Chapter 8-10 In el nimam-submitted in Canvas PV$1 F$1 PVA FVA 5 6% 0.74726 1.33823 4.21236 5.6371 60 0.5096 0.74137 1.34885 51.72556 69.7700 1. You want to have $30,000 at the end of 5 years to buy a new car. How much should you save each month to achieve your goal if you can earn 6%? $_ (round to nearest dollar) For 2-3 use the following: The company issues 7% 10-year bonds with a total face amount of $200,000 with interest paid semi-annually. The market rate of interest is 6.8%. PV PVA 10 6.80% 0.51795 7.0890 10 7.00% 0.50835 7.0236 20 3.40% 0.51238 14.3419 20 3.50% 0.50257 14.2124 Round to nearest dollar 2. What is the issue price of the bond? $ 3. What is the interest expense for the first interest payment? $ For 4 - 5 use the following Best Incorporated Balance Sheet (partial) At December 31, Year 6 Stockholders' Equity: Preferred stock (par S25) Common stock (par $0.01) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (10,000 common shares) Total stockholders' equity $250,000 1,500 2,258,500 2,510,000 555,000 (190,000) $2.875,000 Assume that the company sold 2.000 shares of its treasury stock for $24.00 per share 4. How much would additional paldin capital change? 5. How much would Stockholders-Equity change