Ivanhoe Company issues a 12%, 4-year mortgage note on January 1, 2022, to obtain financing for new equipment Land is used as collateral for the note. The terms provide for semiannual installment payments of $53,000, Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided) What are the cash proceeds received from the issuance of the note' (Round answer to 2 decimal places es 25.25) Ivanhoe Company should receive 5 Periods 44 34 6 0 1.00000 1.00000 1.000 1.00000 1 1.04000 1.05000 1.06000 1,07000 2 1.08 160 1.10250 1.12360 1.14490 3 1.12486 1.1576) 1.19102 1.22504 4 1.16986 1.21551 1.26248 1.JIONO 5 1.21665 1.27628 113823 1.40255 6 1.26532 1.34010 1.41852 1.50073 7 1.31593 1.40710 1.50367 1.00578 1.36857 1.47746 1.59385 1.71819 9 1.42331 1.55133 1.68948 1.80846 10 1.43034 1.62889 1.79085 1.96715 11 1.53945 1.71034 1.89830 210485 12 1.60103 1.79586 2.01220 2.25219 13 1.56507 1.88565 2.13293 2.40985 14 1.73168 197993 2.260902.57853 15 1.80094 2.07893 2.39656 2.75903 16 1.87298 2.18287 2.54035 2.95216 17 1.94790 2.29202 2.69277 3.15882 18 2.02582 2.40662 2.85434 37993 19 2.106852.52695 3.02560 3.61653 20 2.19112 2.65130 120714 386268 46 10% 11% 12 1.00000 1.00000 1.OOO 1.000 1.00000 1.08000 1.09000 1.10000 1.11000 1. 12000 1.16640 LINS10 1.21000 1.21210 1.25440 1.25971 1.29503 1-33100 1.36763 1.40493 1.36049 1.41158 1.46410 1.51807 1.57352 1.46933 1.53862 161051 1.66506 1.76234 1.58687 1.67710 1.77156 1.870441 1.9732 1.71382 1.82804 1.94872 2.07656 2.2106 1.85093 1.99256 2.14359 2.30454 2.47596 1.99900 2.1719 2.35795 255803 2.77 2.15892 2.36736 2.59374 2.81942 3.10585 233164 2.58043 2.85312 3.15176 3147855 2.51817 2.81267 3.13543 3.49845 3.89598 2.71942 3.06581 3.45227 3.88328 4.36349 2.93719 3.34173 3.79750 4.31044 4,88711 3.17217 3.64248 4.177254.78459 5.47357 3.42594 3.97031 4.59497 5.31089 6.13019 3.70002 4.32763 5.05447 5.89509 6,86604 3.99602 4.71712 5.55992 6.54355 7.68997 4.31570 5.14166 6.11591 726334 8.61276 4.66096 5,60441 6.7225006231 9.64629 15% 1.00000 1.15000 1.32250 1:5208 1.74901 2.01136 2.31106 2.64002 3.05902 3.51788 4.04556 4.65239 5.15025 6.15279 7,07571 8.13700 9.35762 10.76126 12.37545 14.23177 16.36654 TABLE 2 Future Value of an Annuity of 1 5.750 Payment 49 6 75 89 99 109 126 15% 100000 1.00000 1.00000 10000 1.00000 1.00000 1,00000 1.00000 1,00000 1.00000 2.04000205000 2.06000 20700 2.08000 2.00000 2.10000 2.11000 2.12000 2.15000 3.1216015250 3.1 8360 3.2149 1.24640 3.2710 31000 1.34210317440 1447250 4 4.34646 4.81013 4,37462 44199 450611 4.57313 4.64100 4.70973 4.77933 4,0913 5 5.41632.52563 5.63709 3.56660 5.98421 6.10510622780635285 6.74218 6 6.61298 6.80191 6.97532 71533 W.33527.523347.71561 7912868.11519 75374 7 7.9620 14201 8.393846540 8.92280 920014948917 9.78322 10.08901 11.06680 8 9.21423 9.54911 9.89747 10.2.9 10,63661 1102847 1143589 11.8594) 12.1996 13.72682 10 SR20 11.02656 1149112 11.9780 12.4756 13 02104 1.57948 14.16397 14.77566 1678584 10 13.00611 12.5779138079 13.8164 14.48656 15.19291 1591743 16.72201 17.54874 20.10372 11 13.456.35 14 20679 14.97164 15.7836 16.6450 17.56039 IR S3117 19.56143 2065458 24.34928 12 15.02581 15.91713 16.86994 1785 18.97713 2014072 21.3428 22.71319 24 13313 29.00167 13 16,62684 17.71208 1.8214 20.1606 21 49530 22.95 39 24,52271 26.21164 2802011 433192 14 18.29191 19.59863 21.01 507 22.5505 24.21492 26.01919 2707498 30.09192 32 19360 40.50471 20.02.159 21.57856 23.29597 25-1290 27 15211 29 M002 31.77248 34.40536 37.27972 47.58041 16 2182453 23.65749 2567257 275881 30.12428 3100140 3594973 39.18995 42.75328 5571747 12 21.69751 25.84037 28 21288 30 8403 3175023 36.97351 40 54470 44 500844.88367 65.07509 25.64541 212351090565 33.9990 37.45034 41.10134 45 50917 50. 19593 55,7497275.8366 19 27.67123 30.5190033.7599937-1790 41.44626 46.01846 SL15909 56.93949 63,4396888.21181 20 29.783.065956.7855940.995545.2619651160123227500 64.2028372.05244 10244358 ) Periods 9523 SOMO 14 22220 78353 74622 ,71068 6784 64451 44 96154 92456 00 25480 89193 79031 75992 73069 70259 67556 64956 640 OS 5774 59526 53391 51337 49463 A764 44610 2 3 4. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 6159 9440 KO R12 7929 .74726 20096 66506 62741 59190 55R19 57679 49697 46884 44200 41727 1915 37136 35034 1105 JUINO 7 0.93458 0.7144 081430 0.76290 0.71299 0.66614 0.82275 0.58201 0.54393 O.S0R15 047509 0.44401 0.41496 0.35782 0.16245 0.137) 0.31657 0.29586 0.27615 0.25842 8N 32593 85734 79383 73503 ASSA 63017 58140 34027 50025 46319 428 39711 36770 34046 31524 29189 27027 25025 20171 21455 9 91740 84168 -77218 7043 64993 54627 54703 50187 46043 42241 38753 35554 32618 29925 27454 25187 23107 21199 1449 17143 109 90209 82645 7512 68301 6202 56447 51316 46651 42410 38554 35049 31863 28966 26113 2.1939 21763 17 17986 16151 14864 11% OSO .81162 73119 65873 39345 5464 48166 A1193 32092 35218 31728 28584 25751 23190 20200 18829 16963 1522 13768 12403 129 89286 79719 71178 63552 56743 50663 45235 AMRA 36061 32197 28748 25668 22917 20462 18270 16312 14564 13004 11611 10167 15 86957 .75614 48752 57175 47718 43231 37594 200 28426 24719 21:194 1891 16253 14133 .12289 10657 09293 8081 07027 06110 58468 55684 53032 S0507 48102 4511 4360 41552 39573 3760 TABLE4 Present Value of an Annual of 1 Payments 16 154 SET WOON LOW 2 3 4 5 7 . 9 10 11 12 13 14 15 16 17 18 19 20 45 54 61 96154 95238 940 0.91458 LO 1.35941 183339 1.002 2.77500 272125 2.67001 270432 3.690 3.54505 346511 3.38721 4 4512 41294 421236 410000 524214 5.07560 476654 600205 5.78617 5.5823 538929 6.73274 6.46321 6.2007 97130 743533 7.10782 6 0169 6.51523 8.11000 7.72173 7.36000 700158 876048 8.641 786677867 9.18507 8.86325 8.38384 7.94269 992565 9.1957 3.85268 835765 10.56312 9.89864 9.29198 8.74547 11.11839 10.37966 9.71235 9.10791 11 65230 10.83777 10.109 9.4-1665 12.16567 11.274071047726 12.65910 11.68959 10.0 10.05.09 13.1304 12.08532 11.152 10.10560 13.S003 12.46221 11 40991 10.99401 109 119 2503 91743 90/200 000 178036 1.79911 1.73354 1.71252 1.5142571 2.57210 2.581.30 24 2.44371 2018) 2.2123 111211 3.239723.169 3.10345 3.03735 2.5498 199271 3.5 3.79079 3.9590 3.60478 235216 4.6228 4.48592 4.15526 4.23054 4. 1114 3.7548 5.2007 5012954.86842 4.71220 456376 4.16042 5.74664 5534825334293 5.14612 4.96764 445732 6.1689 5.995255702 5.53705 5.122547715 6.71008 641766614457 5.88903 5.65002 501877 713896 6.40519 6.49506 620652 595770 523371 7.53608 716071 6,81.00 6.49236 6.19437 542012 7.90:978 748690710336 6.74987 6,42355 5.58315 824424 7.761 7.36669 6.98167 6.40817 5.72448 8.948 8060697.60608 7,19057 6.810 584737 885137312567.62371 7.17916 6.97399 595434 9.12164 8.54363 5.02155 7.54879 7.11965601716 9.37189 8.755682 0141 7.20162 724967 6,12797 9.00 8.95012836492 7.61929 736578 6.19523 1815 9.12855 R 1156 7.96333 7.94 6.25933
