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9 Olive Company purchases a new delivery vehicle for $85,000, paying cash of $15,000 and financing the rest on a 6 year loan at 6% with monthly payments. Calculate the amount of the monthly payments 10. . Jansen Company issued bonds with a face amount of $1,000,000 paying 6% annually. The bonds mature in 20 years. On the date of issuance, the market interest rate (effective yield) was 7%. Calculate the amount of cash proceeds Jansen will receive from issuing these bonds. 11. Jansen Company issued bonds with a face amount of $1,000,000 paying 6% annually. The bonds mature in 20 years. On the date of issuance, the market interest rate (effective yield) was 5%. Calculate the amount of cash proceeds Jansen will receive from issuing these bonds