Help Save NIN 1 1.03000 0.97087 2 1.86090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.38477 0.76642 10 1.34392 0.74409 11 1.384230.72242 12 1.42576 0.70138 13 1.468530.68095 14 1.51259 0.66112 15 1.55797 8.64186 16 1.60471 0.62317 HINWINDO 1.0000 0.97087 2.300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1569 12.56110 1.0300 1.00000 2.0909 1.97087 3.1836 2.91342 4.3891 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 723828 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.598911.63496 19.1569 12.29602 20.7616 12.93794 1 Monica wants to sell her share of an investment to Bamey for $170,000 in 7 years. If money is worth 6% compounded semiannually, what would Monica accept today DON Corp. is contemplating the purchase of a machine that will produce cash savings of $40.000 per year for five years. At the end of five years, the machine can be sold to realize cash flows of $7,000. Interest is 11%. Assume the cash flows occur at the end of each year (FV of $1. PV of S1, EVA of S1. PVA OSI, EVAD of S1 and PVAD of $1) (Use appropriate factor(s) from the tables provided) Required: Calculate the total present value of the cash savings. (Do not round intermediate calculations. Round your final answer to nearest whole dollar) Total presenta FA WAU RU W4 mulon 1 1.03000 0.97087 2 1.06090 0.94260 1.09273 0.91514 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.468530.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 1.0000 2.0300 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.0863 18.5989 20.1569 0.97087 1.91347 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 1.0300 2.0909 3.1836 4.3091 5.4684 6.6625 7.8923 9.1591 10.4639 11.8078 13.1920 14.6178 16.0863 17.5989 19.1569 20.7616 1.00000 1.97087 2.91347 3.82861 4.71710 5.57971 6.41719 7.23028 8.01969 8.78611 9.53020 10.25262 19.95400 11.63496 12.29607 12.93794 Today, Thomas deposited $160,000 in a 3-year, 12% CD that compounds quarterly. What is the maturity value of the CD? Help PVP VU Hollow INI Type PV 1 1.03000 0.97087 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 1.46853 | 0.68095 14 1.51259 8.66112 15 1.55797 0.64186 16 1.60471 0.62317 TVA 1.0000 2.0300 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.0863 18.5989 20.1569 0.97087 1.91347 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95480 10.63496 11.29607 11.93794 12.56110 VAU 1.0300 2.0909 3.1836 4.3091 5.4684 6.6625 7.8923 9.1591 10.4639 11.8078 13. 1920 14.6178 16.0863 17.5989 19.1569 20.7616 1.00000 1.97087 2.91347 3.82861 4.71710 5.57971 6.41719 7.23028 8.01969 8.78611 9.53820 10.25262 10.9540e 11.63496 12.29607 12.93794 Sondra deposits $3.400 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 5 years, how much will she have on deposit on April 14, 20262 White & Decker Corporation's 2019 financial statements included the following information in the long-term debt disclosure note (5 in millions) 2019 Zero-coupon subordinated debentures, due 2013: $360 The disclosure note stated the debenture bonds were issued late in 2013 and have a maturity value of $610 million. The maturity value indicates the amount that White & Decker will pay bondholders in 2033. Each individual bond has a maturity value (face amount of $1110 Zero-coupon bonds pay no cash interest during the term to maturity. The company is accreting" (gradually increasing) the issue price to maturity value using the bonds' effective interest rate computed on an annual basis. (VoLSI. PV of $1. EVA of $1. PVA of $1. EVAD of S1 and PVAD OLS1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the effective interest rate on the bonds. 2. Determine the issue price in late 2013 of a single, $1,110 maturity value bond. (For all requirements, round your answers to 2 decimal places.) A 1 2 Effective interest rate Issue price Help 1 1.03000 0.97087 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 | 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 1.46853 0.68095 14 1.51259 0.66112 1.55797 0.64186 16 1.60471 0.62317 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1569 12.56110 1.0300 1.80000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13. 1920 9.53020 14.6178 10.25262 16.0863 10.95400 17,5989 11.63496 19.1569 12.29607 20.7616 12.93794 13 15 At the end of each quarter. Patti deposits $2.200 into an account that pays 12% Interest compounded quarterly How much will Patti have the account in 4 years? On January 1, 2021, Rare Bird Lid purchased 15% bonds dated January 1, 2021, with a face amount of $ 21 million. The bonds mature in 2031 (10 years) For bonds of similar risk and maturity, the market yield is 12% Interest is paid semiannually on June 30 and December 31 (EV0S1. PV 51. EVA01 SI. PVA $1. EVAD OLS1 and PVAD of 5.1) (Use oppropriate foctor(s) from the tobles provided) Required: Determine the price of the bonds at January 1, 2021. (Enter your answer in whole dollars) Pilen of the bonds Sove DWIN 1 1.03000 0.97887 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.512590.66112 15 1.55797 0.64186 16 1.60471 0.62317 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1569 12.56110 1.000 1.UUUUU 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $100,000 4 years from now. How much must Shane deposit to accomplish his goal? Present and future value tables of $1 at 9% are presented below. WINZ 2 3 4 5 6 FV $1 PV $1 1.090000.91743 1.18810 0.84168 1.29503 0.77218 1.41158 0.70843 1.53862 0.64993 1.677100.59627 FVA $1 1.0000 2.0900 3.2781 4.5731 5.9847 7.5233 FVAD $1 1.0900 2.2781 3.5731 4.9847 6.5233 8.2004 PVA $1 8.91743 1.75911 2.53129 3.23972 3.88965 4.48592 PVAD $1 1.00000 1.91743 2.75911 3.53129 4.23972 4.88965 You want to invest $7.900 annually beginning now in order to accumulate $27.900 for a down payment on a house. If you can invest at an Interest rate of 9% compounded annually, about how many years will it take to accumulate the required amount? 3 1.09273 0.91514 4 1.12551.88849 5 1.15927 0.86261 G 1.19405 0.83748 7 1.22987 0.81309 1.26677 0.78941 1.38477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.468530.68095 14 1.512590.66112 15 1.55797 0.64186 16 1.60471 0.62317 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.8863 18.5989 20.1569 RIWISS 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 19.25262 16.6863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 You want to invest $21000 today to accumulate $24,340 to buy a car if you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount 3 4 5 6 2 1.09273 0.91514 1.12551 0.88849 1.15927 0.86261 1.19405 0.83748 1.22987 0.81309 1.26677 0.78941 1.30477 0.76642 1.34392 0.74409 1.38423 0.72242 1.42576 0.70138 1.46853 0.68095 1.51259 0.66112 1.55797 0.64186 1.60471 0.62317 8 9 10 11 12 13 14 15 16 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.0863 18.5989 20.1569 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 3.1836 4.3091 5.4684 6.6625 7.8923 9.1591 10.4639 11.8078 13.1920 14.6178 16.0863 17.5989 19.1569 20.7616 2.91347 3.82861 4.71710 5.57971 6.41719 7.23028 8.01969 8.78611 9.53020 10.25262 10.95400 11.63496 12.29607 12.93794 -- Rosie's Florist borrows $360,000 to be paid off in seven years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%. What is the amount of each payment? 3 1.09273 8.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.512590.66112 15 1.55797 0.64186 16 1.68471 0.62317 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.0863 18.5989 20.1569 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41219 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 HISI Carol wants to invest money in a 6% CD account that compounds semiannually Carol would like the account to have a balance of $140.000 7-years from now. How much must Carol deposit to accomplish her goal? 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.468530.68095 14 1.51259 0.66112 15 1.557970.64186 16 1.60471 0.62317 2.0300 1.91347 3.0909 2.82861 4.1836 3.71719 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1559 12.56110 2.0909 1.97087 3.1836 2.91347 4.3091 3.32861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8878 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.598911.63496 19. 1569 12.29607 20.7616 12.93794 Shelley wants to cash in her winning lottery ticket She can either receive sixteen 5187000 somiant payments stading today or she con receive a single amount payment today based on a 8% annual interest rate. What is the sole amount payment she can receive today? On January 1, 2021. Glanville Company sold goods to Otter Corporation Otter signed an installment note requiring payment of $23.000 annually for four years. The first payment was made on January 1, 2021. The prevailing rate of interest for this type of note at date of issuance was 8% Glanville should record sales revenue in January 2021 of (EV of $1. PV of $1. EVA of $1. PVA of S1, FVAD of $1 and PVAD OL 51) (Use appropriate factor(s) from the tables provided.) 1 1.03800 0.97087 2 1.06090.94268 3 1.09273 0.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.68471 0.62317 1.0000 2.0300 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15.6178 17.0863 18.5989 20.1569 0.97087 1.91347 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 1.0300 2.0909 3.1836 4.3091 5.4684 6.6625 7.8923 9.1591 10.4639 11.8078 13.1920 14.6178 16.0863 17.5989 19.1569 20.7616 1.00000 1.97087 2.91347 3.82861 4.71710 5.57971 6.41719 7.23028 8.01969 8.78611 9.53020 10.25262 10.95400 11.63496 12.29607 12.93794 N- 12 Bill wants to give Maria a $530,000 gift in 7 years If money is worth 6% compounded semiannually, what is Maria's gift worth today