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CII, Incorporated, invests $780,000 in a project expected to earn a 10% annual rate of return. The earnings will be reinvested in the project each
CII, Incorporated, invests $780,000 in a project expected to earn a 10% annual rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated 13 years later. What will the cash proceeds be when the project is liquidated? (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided. Round your "FV of a single amount" to 4 decimal places and final answer to the nearest whole dollar.) Mike Derr Company expects to earn 10% per year on an investment that will pay $596,000 nine years from now. (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 present value of this investment. On January 1 , a company agrees to pay $19,000 in three years. If the annual interest rate is 6%, determine how much cash the company can borrow with this agreement. (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 amount that can be borrowed under each of the following circumstances: (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.) 1. A promise to repay $100,000 seven years from now at an interest rate of 8%. 2. An agreement to make three separate annual payments of $28,000, with the first payment occurring 1 year from now. The annual interest rate is 9%. CII, Incorporated, invests $780,000 in a project expected to earn a 10% annual rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated 13 years later. What will the cash proceeds be when the project is liquidated? (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided. Round your "FV of a single amount" to 4 decimal places and final answer to the nearest whole dollar.) Mike Derr Company expects to earn 10% per year on an investment that will pay $596,000 nine years from now. (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 present value of this investment. On January 1 , a company agrees to pay $19,000 in three years. If the annual interest rate is 6%, determine how much cash the company can borrow with this agreement. (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 amount that can be borrowed under each of the following circumstances: (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.) 1. A promise to repay $100,000 seven years from now at an interest rate of 8%. 2. An agreement to make three separate annual payments of $28,000, with the first payment occurring 1 year from now. The annual interest rate is 9%
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