Graded Homework Chad Using a present value table, your calculator, or a computer program present value function, answer the following questions: See Table 6-4 and Table 6.5 (Use the appropriate factor by clicking on the appropriate Tablelinks.) Required: 6. What is the present value of nine annual cash payments of $5,000, to be paid at the end of each year using an interest rate of 899 b. What is the present value of $10,000 to be paid at the end of 21 years, using an interest rate of 16%? c. How much cash must be deposited in a savings account as a single amount in order to accumulate $300.000 at the end of 12 years, assuming that the account will earn 12% Interest? d. How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50.000 at the end of 13 years, assuming that the account will earn 12% interest? e. Assume that a machine was purchased for $58,300 Cash of $24,100 was paid, and a four-year, 10% note payable was signed for the balance 1. Prepare the horizontal model and record the journal entry, to show the purchase of the machine as described 2. How much is the equal annual payment of principal and interest due at the end of each year? 3. What is the total amount of interest expense that will be reported over the life of the note? 4. Prepare the horizontal model and record the journal entries, to show the equal annual payments of principal and interest due at the end of each year Complete this question by entering your answers in the tabs below. Rega Red B Reg Reg D Reg Ela Reg Elb Reg E2 Reg E3 Reg E4a Reg E4b what is the present value of nine annual cash payments of $5,000, to be paid at the end of each year using an interest rate of 896? (Round your answer to 2 decimal places. (0.9.32.16)) Present Value $ 31 234 44 Req B >