Presente Palue of the When discount her of periods (W) 406 Discount rate 3.05 606 RON 7,01 45 1804 3956 0970909615 09669 0.9534 0.9434 09346 0.9259 091741 2.29612 9515 091236 09046 09157 0.9070 08900 0.8734 08573 0.8417 2 090 09236 09151 0.90 0.8763 28638 0.96 0.816 0.7938 0.77223 09238 0.3885 08548 08316 0.227 0.7921 0.7629 07:50 0.70844 309063 OD ON 0.210 0.025 0.75 0.74730.713006806 0.64995 23 0.3375 0.7903 0.3679 0.7462 0.7050 0.6663 06702 059636 7 0906 03413 0.31 0.7599 0.734 0.7107 0.6651 0.0227 0335 0.54707 0.2307 0.194 6.7309 0.7032 0.6768 0.6274 0.5820 0.5400030193 08366 000707664 0.6 0.679 0.6146 0.5919 0.5439 0.002 646049 10000781207441 0.6756 06439 0.6139 05584 0.5033 04513 0.4224 10 !! 004 0.71 0.7326 0.64 0.6162 0.5347 0:5266 0.4751 0.4289 0.3875 11 12 0.7889 0.7436 0.7014 046 03897 0.5568 6970 0.4440 03971 0.1555 12 190.7730 0.7254 06810 0.4006 05601 05303 0.4688 04150 03677 0.336213 0.7579 0.9077 11 05778 590 0.5051 0.4423 03878 0.3405 0.2992 14 15 0.0 0.0 0.5419 05853 05167 0,4310 04173 03621 03152 0.2745 15 16 0.7284 06736 06233 0.3339 04915 045810.396 0.3387 0.2919 0.2519 16 17 0.7143 06572 0.050 05134 0.4732 0.436 03714 0.3166 0.2703 0.2311 17 I 0.7002 06412 0.54 04936 0.4528 0.4155 03503 0.299 0.2502 0.2120 18 19 0.636406255 0.5703 0.4746 0.4333 03957 0.3305 0.2765 0.2317 0.1945 19 20 06750 0.610305537 0.4561 0.4146 0.39 0.3118 0.1584 0.2145 0.178420 10.0110120 13.0 14.01 150 160417A 18.0% 19.096 in) 0.0091 0.90090.1929 0.38566772 0.0 0.21 0.2547 0.875 0.84011 20.8264 08116 0.7972 0.7831 0.7695 0.7561 0.7432 0.730507182 0.70622 0.7513 0.7312 0.7118 0.6931 06750 0.6875 06407 0.6344 0.6086 0.5934 4 06330 0.6587 0.6355 0.6133 0.5921 0.5715 0.55230337 0.5158 0.49874 30.6209 0.5935 0.5674 0.5426 0.5194 0.4972 0476104561 0.1371 041905 60.5645 0:53:46 0.5056 0.4803 04556 0.4323 0.4104 0.1898 0.3704 0.35216 705132 0,4817 0.4523 04251 0.19 0.3759 0353 0.3332 0.3119 0.29997 $ 0.4663 04339 04019 0.376203505 0.3269 03050 0.2845 016660.2487 9 0.4241 0.390903606 03329 03075 0.284 0.3610 0.2434 0.22550.2009 100.3855 0.3522 0.3220 0.296 0.2097 0.2472 02267 0.2000 0.1911 0.1756 10 110.3505 033173 0.2875 0.2607 0.2166 0.2149 0.1954 0.1778 0.1619 0.1476 11 12 0,3186 0.2858 02567 0.2307 0:2076 0.1869 01655 0.1520 0.1372 0,1240 12 13 0.2897 0.2575 0.2292 0.2012 0.1821 0.1625 0.1452 0.1299 0.116 0.1013 13 14 0.2633 0.2320 0.2046 0.1807 0.1997 0.1413 0.1252 0.1110 0.0985 0.0876 14 15 0.2394 0.2090 0.1827 0.1599 0.1401 0.1219 0.1079 0.0949 00835 0.0736 15 16 0.2176 0.1883 0.1631 0.1415 0.1229 0.1069 0.0980 0.01 0.0708 0.0618 16 17 0.1978 0.1696 0.1456 0.1252 0.1078 0.0929 0.0002 0.0093 0.0600 0.0920 19 18 0.1799 0.1528 0.13000.1108 0.0946 0.00 0.00 0.092 0.0505 0.0437 18 19 0.1635 0.1377 0.1161 0.091 0.0829 0.0703 0.0596 0950600431 0.0367 19 20 0.1486 0.1240 0.1037 0.0868 0.0728 0.0611 0.0514 0.0433 0.0365 0.0508 20 Present value table 1 6 12 WE NET 1 Present of an annuity of lie. [.)} Where discount rale number of periods Discount rate in in 9.09 20% 2.5% 5.09 4045 7.09 1 1 09804 09756 0.9709 0.9615 09589 0.95249434 0.93.46 0.9250 0.9174 2 1.9416 1.9274 1935 18361 1.8727 1.559 1.8934 BOSO L7833 1.75913 239 2.560 2.8386 2.7751 2.7490 2.72122.67302.6343 25771 2:53133 3.8077 3.7620 3.71713.6299388753.5460 3.4651 33872 3.3121 3.23974 5 27135 455 4579744518 3900 4129542124 4100239927 3.88975 5.60145.501154172 5.3421 5.1579307574.9173 4.766546220 448596 6.4720 63494 6230) 6.602158927 3.7864 $55243.393 5.2054 SONO 8 71255 71701 70197 6.73276.5959 64612 6.2098 9713 5.74665.5348 1672 7970977561 74353 7.2685 7.1078 6.80176.5152 6.2460 5.99529 10 898268.721 5502 8.11097.91277.2217 73601 70236 6.7101 6.4177 10 1178689.1429.2526 5.76055289 8306478697497 7.1390 6.8052 11 12 105751 102578 9.954093851 9.11868.863335579427 75361 7.1007 12 13 11.3484 10.9832 10.6350 9.985696829 9.3936 8.8527 83577 7.9038 74869 13 14 12.1062 11.609 11.291 105631 10.3226 0986 9.2956 3.7435 52442 7.7862 14 15 12.491 12.3514 11.9379 11.1184 10.7395 10.1797 071229.1079 5595 3.0607 15 9 2 6 16 135777 13.0550 12.5611 11.652) 11.2340 10.8378 10.1059 9.4466 88514 83126 16 17 14.2919 13.7122 13.1661 121657 11.7072 112741 10.4773 9.7632 9.1216 35436 17 11 14.9920 14.3534 13.755 12.6593 12. 1600 11.6896 10.376 10.0591 2.719 8.7556 18 19 156785 14.9789 14.3238 13.1130 12.5933 12.0553 11:1581 10 31569.6036 8.9501 19 20 163514 15:5892 14.8775 13.5903 13.0079 124622 114699 10,5940 9.8181 9.1285 20 10. ON 11.09 12.03 15.0 14.0% 15.04 16.09 12016 18.09 19.02 1 6006016000 2 3 4 3 1.7355 1.7125 2.4869 1.4437 3:1699 3.1024 3.7908 1.6959 0.8929 08850 0.5772 0.5696 0.8621 08547 0.5-473 3403 1 1.690116681 6467 1.6257 1.6052 1.5852 15656 1.5465 2 2.4018 23612 23216 22832 2.2459 2.2096 2.143 2.13993 3.097 2974529137 2.8550 2.7982 2.74322.6.2012.6156 4 1604835172 34331 3.3522 1.27433.1993 3.1272 3.0576 5 64.355) 42305 743684 4.7122 33369 5.1461 5.75903.5370 10.6.146 5.8893 41114 3.99751887 3.7845 3.68473.589334976 3.40986 45638443264.2885 4.1604 406 3.9224 33115 3.7057 4.9676 4.7958 166389441734.3436 4.2072 40776 3.955 5.3282 5.1312 491644.771646065 4.4506 4.3030 416139 56502 3.426252161 3.018 483246556 449414039 10 116.4951 6.2005 59377 5.6869 54527 52337 50286 48364 46560 4436511 126.8137 6.2924 6.1944 59176 56603 5.42065.1971 4.9886 4.7932 4.6105 12 13 7.1034 6.749964235 6.1218 584343.583153421 3.11334909547147 13 14 73667 6.981966282 610256.0021 5.7345546753.22035.0081 4.8023 14 157.6061 7.1909 68109 64624 614225.8474 55755 33342 5.0916 4,8759 15 6.97406.603963651 59542 5.665 5.40535.1624 49377 16 17 8.6216 7.5486 7.1196 6.7291 6.3729604725.7487 5.4746 3.32149897 17 188.2014 77015 7.2497 6.6199 6.4674 6.1250 5.817 5.539 5.2732 5.63331 198364978393 73658 69380 65504 6.1982 5.8775 5.5845 3162 5.070019 208.513679633 7.4694 7.0248 6633162593 592585.6273527 51009 20 COLEL ZEEL 91 11 13 Question 6 (Notes Transactions at Unrealistic Interest Rates: 10 marks) On July 1, 2022, Rosy ple made two sales. 1. It sold land having a fair value of 900,000 in exchange for a 4-year, zero- interest-bearing promissory note in the face amount of 1,416,163. The land is carried on Rosy's books at a cost of 590,000 2. It rendered services in exchange for a 3%, 8-year promissory note having a face value of 400,000 (interest payable annually). Rosy recently had to pay 8% interest for money that it borrowed from the Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest. Required: (10 marks) Record the two journal entries by Rosy plc for the sales transactions on July 1, 2022. (Present Value Tables are provided below)