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D Question 6 Josephine has invested $20,285 in a savings account earning 6% interest. What amount will be available 4 years from today? Use one
D Question 6 Josephine has invested $20,285 in a savings account earning 6% interest. What amount will be available 4 years from today? Use one of the following factors. Round your final answer to the nearest $1. PV$1(6%, 0.79209 4) PV$1(4% 0.79031 (9 FVS1 (6%,4) 1.26248 FVS1 (4%, 6) 1.26532 Question 7 1 pts 1 pts On January 2, 2020, Desert Company wishes to issue $6,524,099 of its 8%, 10-year bonds. The bonds pay interest annually on January 1. The current market rate on such bonds is 10%. Using the interest factors below, compute the amount that Desert will realize from the sale (issuance) of the bonds. Round your final answer to the nearest $1. Present value of 1 at 8% for 10 periods 0.4632 Present value of 1 at 10% for 10 periods 0.3855 Present value of an ordinary annuity at 8% for 10 periods 6.7101 Present value of an ordinary annuity at 10% for 10 periods. 6.1446
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