Mike Derr Company expects to earn 8% per year on an investment that will pay $616,000 seven years from now. (PV of 51. EV of 1. PVA of S1, 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 Present Value 5 6 16.000 Table Factor 0.0000 = On January 1, a company agrees to pay $13,000 in five years. If the annual interest rate is 7%, determine how much cash the company can borrow with this agreement PV of $1. EV. $1. PVA of $1. and FVA of $(Use appropriate factor(s) from the tables provided. Round Table Factor" to 4 decimal places.) 15 13.000 Tom Thompson expects to invest $23.000 17% and, at the end of a certain period, receive $63,457 How many years will it be before Thompson receives the payment of $1. V of $1. PVA CHSL and EVA of Use appropriate factors) from the tables provided Round Table Factor to 4 decimal places.) Bul Padley expects to invest $15,000 for 6 years after which he wants to receive $20,101.50 What rate of interest must Padley earn? PV o S1.EV OLS1.EVA 51 and EVA of 31) (Use appropriate factor(s) from the tables provided. Round Table Factor" to 4 decimal places) Talie Facho R Mark Welsch deposits $6,300 in an account that earns interest at an annual rate of compounded quarterly The $6.300 plus corned interest must remain in the account 2 years before it can be withdrawn.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? (PVS1 EV. of $1. PVA of S1, and EVA of SD (Use appropriate factor(s) from the tables provided, Round Table Factor" to 4 decimal places.]