Mike Derr Company expects to earn 8% per year on an investment that will pay $606,000 six years from now. (PV of $1, EV 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 Future Value Table Factor Present Value X On January 1, a company agrees to pay $23,000 in eight years. If the annual interest rate is 8%, 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.) Amount Borrowed Table Factor Future Value Tom Thompson expects to invest $21,000 at 9% and, at the end of a certain period, receive $83,376. 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 $6,000 for 4 years, after which he wants to receive $6,494.40. What rate of interest must Padley earn? (PV of $1. FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Present Value Table Factor Interest Rate Future Value % Mark Welsch deposits $6,700 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,700 plus earned interest must remain in the account 4 years before it can be withdrawn.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.) Table Factor Present Value Total Accumulation Spiller Corp. plans to issue 8%, 5-year, $420,000 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 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: | = Cash Flow Table Value Amount Present Value Present (maturity) value Interest (annuity) Total cash proceeds