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Please Complete all 3 problems. Highlight answers please. Thank you Question 14 Marigold Corp, will invest $22000 every January ist for the next six years
Please Complete all 3 problems. Highlight answers please. Thank you Question 14 Marigold Corp, will invest $22000 every January ist for the next six years (2020-2025). If Marigold will earn 10% on the investment, what amount will be in the Investment fund on December 31, 2025 $94598 $95816, $169743 $186718 Question Attempts: 0 of 1 used FOR LATES SUIT ANSWE Question 15 Sheffield Corp. financed the purchase of a machine by making payments of $31500 at the end of each of five years. The appropriate rate of interest was. There value of one for five periods at 8% is 1.46933. The future value of an ordinary annuity for five periods at is 5.66660. The present value of an ordinary annuity foreve periods at 8% is 3.99271. What was the cost of the machine to Sheffield? $184801 $46536 5125770 5157500 Question 16 Sheffield Corp. is issuing $10.4 million 10% bonds in a private placement on July 1, 2020. Each 51100 bond pays interest semi-annually on December 31 and June go of each year. The bonds mature in ten years. At the time of issuance, the market interest rate for similar types of bonds was 6%. What is the expected selling price of the bonds 513297540. $13494556. $13191357. O $15600000
Please Complete all 3 problems. Highlight answers please. Thank you
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