Kingbird Inc. has completed the purchase of new Surface computers. The fair value of the equipment is $414.625. The purchase agreement specifies an immediate down payment of $100,000 and semiannual payments of $42,949 beginning at the end of 6 months for 4 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction? Interest rate % semiannually KingbirdInc. has $133,555 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $30,000 at the end of each year for 5 years, and the other is to receive a single lump-sum payment of $178,726 at the end of the 5 years. Which alternative should Kingbird select? Assume the interest rate is constant over the entire investment. Kingbird Inc. wishes to accumulate $1,200,000 by December 31, 2027, to retire bonds outstanding. The company deposits $200,000 on December 31, 2017, which will earn interest at 6% compounded quarterly, to help in the retirement of this debt. In addition, the company wants to know how much should be deposited at the end of each quarter for 6 years to ensure that $1,200,000 is available at the end of 2027.(The quarterly deposits will also earn at a rate of 6%, compounded quarterly.) (Round answer to 0 decimal places, e.g.458,582.) Annuity of value of quarterly deposits $ Kingbird loans money to Luck Corporation in the amount of $300,000. Kingbird accepts an 6% note due in 4 years with interest payable semiannually. After 2 years and receipt of interest for 2 years), Kingbird needs money and therefore sells the note to Denver National Bank, which demands interest on the note of 8% compounded semiannually. What is the amount Kingbird will receive on the sale of the note? (Round answer to 0 decimal places, e.g. 458,581.) Amount received on sale of note $