Mike Derr Company expects to earn 6% per year on an investment that will pay $616,000 five years from now. (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.) Compute the present value of this investment. Table Factor Present Value Future Value $ 616,000 On January 1, a company agrees to pay $20,000 in six 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 $1, and FVA of $1) (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 $11,000 at 9% and, at the end of a certain period, receive $30,940. 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 $24,000 for 3 years, after which he wants to receive $29,400.00. What rate of interest must Padley earn? (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 Interest Rate = Mark Welsch deposits $7,900 in an account that earns interest at an annual rate of 4%, compounded quarterly. The $7,900 plus earned interest must remain in the account 4 years before it can be withdrawn. How much money will be in the account at the end of 4 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.) Present Value Table Factor Total Accumulation Spiller Corp, plans to issue 12%, 10-year, $400,000 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 FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table values to 4 decimal places and final answers to nearest whole dollar.) If the market rate of interest for the bonds is 10% on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are based on: 1 = Cash Flow Table Value Amount Present Value Present (maturity) value Interest (annuity) Total cash proceeds