Mark Welsch deposits $7.200 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $7,200 plus earned interest must remain in the account 2 years before it can be withdrawn. How much money will be in the account at the end of 2 years? (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Table Factor Total Accumulation Present Value 53,340 Ones expects an immediate investment of $53,349.00 to return $10,000 annually for eight years, with the first payment to be receive me year from now. What rate of interest must Jones earn? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) rom the tables provided. Round "Table Factor" to 4 decimal places.) Present Value Table Factor Interest Rate Annuity Payment 10,000 $ 53,349.00 5.3349 8% Dave Krug finances a new automobile by paying $6,100 cash and agreeing to make 40 monthly payments of $420 each, the fin payment to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What is the cost of the automobile? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table to 4 decimal places.) Monthly Payment Table Factor Present Value of Loan Table Values are Based on: n Present Value of Loan Cash Down Payment Cost of the Automobile Otto Co. borrows money on April 30, 2019, by promising to make four payments of $14,000 each on November 1, 2019; May 1, 2020: November 1, 2020; and May 1, 2021. (PV of $1. FV of $1. PVA of $1, and FVA of S1) (Use appropriate factor(s) from the tables provided Round "Table Factor" to 4 decimal places.) 1. How much money is Otto able to borrow if the interest rate is 4%, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is 10%, compounded semiannually? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much money is Otto able to borrow if the interest rate is 4%, compounded semiannually? Periodic Cash Flow Table Factor Present Value Rece Required 2 >