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Pharoah Company is about to Issue $430,000 of 7-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities

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Pharoah Company is about to Issue $430,000 of 7-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 13%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Pharoah expect to receive from the sale of these bonds? (Round answer to o decimal places, e.g. 2,575.) Pharoah can expect to receive Edward Lewis has been offered the opportunity of Investing $15,128 now. The Investment will earn 12% per year and at the end of that time will return Edward $82,800. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many years must Edward wait to receive $82,8007 (Hint: Use Table 3.) (Round answer to o decimal places, 6.9. 25.) Edward must wait years

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