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Emile is entering high school and is determined to save money for college. Emile feels he can save $5,500 each year for the next four
Emile is entering high school and is determined to save money for college. Emile feels he can save $5,500 each year for the next four years from his part-time job. If Emile is able to invest at 12%, how much will he have when he starts college? (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) C. (Round your answer to the nearest dollar.) When Emile starts college he will have On December 31, 2024, when the market interest rate is 16%, McMann Realty issues $400,000 of 14.25%, 10-year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance. (Round all currency amounts to the nearest whole dollar.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) CE The present value of the bonds at issuance amounts to
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