Marshall has received an inheritance and wants to invest a sum of money today that will yield $4,600 at the end of each of the next 10 years Assuming he can earn an interest rate of 5% compounded annually, how much of his inheritance must he invest today? (PV of $1. EV of $1 PVA of S1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $92000.00 $41,515,00 O $35,519,82 O $46,000.00 A company must repay the bank a single payment of $28,000 cash in 6 years for a loan it entered into. The loan is at 6% interest compounded annually. The present value of 1 (single sum) at 6% for 6 years is 7050. The present value of an annuity (series of payments) at 6% for 6 years is 4.9173. The present value of the loan (rounded) is Multiple Choice $137,684 527.833 $5,694 On July 1, Shady Creek Resort borrowed $260,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of 538 748. What is the journal entry to record the first annual payment? Multiple Choice Debit interest Expense $20,800; debt Notes Payable $17.948, credit Cash $38,748 Debit interest Expense $20,800, credit Cash $20.800 O Debit interest Expense $20,800, debit interest Payable $17.94B, Credit Cash $38748 Debit interest Expense $38,748. credit Cash $38748