Don James purchased a new automobile for $12.000. Don made a cash down payment of $3.000 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is available at a 24% annual interest rate. EY OLS. PV.O.S. EVA OLS. EVA LSI, EVAD S1 and PVAD OLSD) (Use appropriate factors from the tables provided) Required: Calculate the amount of the required monthly payment. (Round your final answers to nearest whole dollar amount Monthly payment Lorone company is facing v factors from the tables provided) os regarongesting thing s each d epender d e n o t 1. ono 2018. The Journe Company purchased eg on Genovese Cor e agreed to pay Genovese 18.000 on the purchase and can begning 2018 Asing that an interest rate of 10 property the time of money in on what amou r 2. Johnstone necos to shortlunds to pay a $430,000 tome due on December 31, 2003. The company m tinds by m e compounded annually. Determine the round anual depos i t posts made on December 31, 2018 3. on January 1, 2018, Johnstoneleased an office building. Terms of the lease require Johnstone to make 20 a llease payments of $128.000 begonary, 2011 Al agreement. Al what amount should go ne cord tha t on January 1, 2018, before lease payments are made? p in e Complete this question by entering your answers in the tabs below. Required 1 Bouired 2 Required 3 C J 0, 2018, the Johnstone Company purchased equipment from Genovere Corp Johnstone agreed to pay $13,000 on the purchase date and the balance in s u aliniments of 36,000 on each nebennig 10, 2018 Assuming that an interest rate of 10% properly reflects the time value of money in this bation, what amount thoud Johnstone value the equipment (Round your lo o nest whole farmant Table values are based on Cash Flow Amount Present Value Complete this question by entering your answers in the tabs below. Present Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Johnstone needs to accumulate sufficient funds to pay a $480,000 debt that comes due on December 31, 2023. The company will accumulate the funds by making five equal annual deposits to an account paying 5% Interest compounded annually. Determine the required annual deposit if the first deposit is made on December 31, 2018. (Round your final answers to nearest whole dollar amount.) Show less Table or calculator function: Future Value Annual deposit Required 1 Required 3 > 160 34 te of 1.0 1.045 1.0206 Required 1 Required 2 Required 3 on January 1, 2018, Johnstone teased an office building. Terms of the lease require Johnstone to make 20 annual lease payments of $128,000 beginning on January 1, 2018. A 10% Interest rate is implicit in the lease agreement. At what amount should Johnstone record the lease liability on January 1, 2018, before any lease payments are made? (Round your final answers to nearest whole dollar amount.) Show less Table or calculator function Payment Liability
