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Mike Derr Company expects to earn 10% per year on an investment that will pay $606,000 eight years from now. (PV of $1. EV of

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Mike Derr Company expects to earn 10% per year on an investment that will pay $606,000 eight years from now. (PV of $1. EV of $1 PVA of $1. and EVA of $1) (Use appropriate foctor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the present value of this investment Table Factor Future Value 606,000 Present Value X On January 1, a company agrees to pay $19.000 in three years. If the annual interest rate is 3%, determine how much cash the company can borrow with this agreement (PV of $1. FV of $1. PVA of S1, and FVA of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Table Factor Amount Borrowed Tom Thompson expects to invest $9,000 at 7% and, at the end of a certain period, receive $18.944. How many years will it be before Thompson receives the payment? (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.) Future Value Present Value Table Factor Years years Bill Padley expects to invest $19,000 for 6 years, after which he wants to receive $24.04070 What rate of interest must Padley earn? (PV of S1. FV of $1. PVA of $1. and FVA of SD) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Present Value Table Factor Interest Rate Mike Derr Company expects to earn 10% per year on an investment that will pay $606,000 eight years from now. (PV of $1. EV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the present value of this investment Table Factor Future Value 606,000 Present Value Spiller Corp. plans to issue 8%, 10-year, $470.000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2019, and are issued on that date. (PV of $1. FV of $1. PVA of $1. and EVA of $1 (Use appropriate factor(s) from the tables provided. Round your "Table value to 4 decimal places and final answers to nearest whole dollar.) If the market rate of interest for the bonds is 6% on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are Based on: n = Ch Flow Table Value Amount Present Value Present (maturity) value Interest (annuity) Total cash proceeds

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