Quartech Enterprises manufactures and distributes thermostats for major kitchen appliances. At the beginning of the current year, Quartech decided to expand its operations by acquiring a metal soldering machine. The machine is to be produced by the manufacturer according to Quartech's specifications and it does not have a market outside of this transaction. i (Click the icon to view financing information.) Read the requirements. Future Value of $1 table Future Value of an Ordinary Annuity table Future Value of an Annuity Due table Present Value of $1 table Present Value of an Ordinary Annuity table Present Value of an Annuity Due table More info To finance this purchase, the manufacturer provided Quartech credit and asked the company to issue a 5-year, $800,000 non-interest-bearing note payable. If Quartech borrowed the funds from a commercial bank, it would have incurred a 4% interest rate. - Requirement a. Determine the proper valuation of the machine. (Round your answer to the nearest dollar.) The proper valuation of the machine is Print Done Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 1.08000 9% 1.09000 1.10000 1 10% 1.18810 1.21000 1 Period 11.01000 1.02000 1.03000 1.04000 1.05000 1.06000 1.07000 Period 21.02010 1.04040 1.06090 1.08160 1.10250 1.12360 1.14490 Period 31.03030 1.06121 1.09273 1.12486 1.15763 1.19102 1.22504 Period 41.04060 1.08243 1.12551 1.16986 1.21551 1.26248 1.31080 Period 51.05101 1.10408 1.15927 1.21665 1.27628 1.33823 1.40255 Period 61.06152 1.12616 1.19405 1.26532 1.34010 1.41852 1.50073 Period 71.072111 11860 1 22087 1 31503 110710 1.50363 1 60578 1.16640 1.25971 1.29503 1.33100 1 1.36049 1.41158 1.46410 1 1.46933 1.53862 1.61051 1 1.58687 1.67710 1 71382 1.82801 1.77156 1 2 1 91872 Future Value of an Ordinary Annuity Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% Period 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 Future 10% 1.00000 1 Period 2.01000 2.02000 2.03000 2.04000 2.05000 2.06000 2.07000 2.08000 2.09000 2.10000 2 Period 3.03010 3.06040 3.09090 3.12160 3.15250 3.18360 3.21490 3.24640 3.27810 3.31000 3 Period 4.06040 4.12161 4.18363 4.24646 4.31013 4.37462 4.43994 4.50611 4.57313 4.64100 4 Period 5.10101 5.20404 5.30914 5.41632 5.52563 5.63709 5.75074 5 5.86660 5.98471 6.10510 Period 6 15202 6.30812 6.46811 6.63208 6.80101 6.07532 715320 733503 7.50333 7715611 Future Value of an Annuity Due Futu Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% Period 1.01000 1.02000 1.03000 1.04000 1.05000 1.06000 1.07000 1.08000 1.09000 1.10000 1 2.24640 2.27810 2.31000 Period 2.03010 2.06040 2.09090 2.12160 2.15250 2.18360 2.21490 2 Period 3.06040 3.12161 3.18363 3.24646 3.31013 3.37462 3.43994 3 Period 4.10101 4.20404 4.30914 4.41632 4.52563 4.63709 4.75074 4 Period 5.15202 5.30812 5.46841 5.63298 5.80191 5.97532 6.15329 5 Period 6.21354 6.43428 6.66246 6.89829 7.14201 7.39384 7.65402 6 3.50611 3.57313 3.64100 4.86660 4.98471 5.10510 6.33593 6.52333 6.71561 7.92280 8.20043 8.48717 Present Value of $1 Periods 2% 3% 4% 5% 6% 7% 8% Present Val 9% 10% 1% Period 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0 Period 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0 Period 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 0 Period 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0 Period 5 0.95147 0.90573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 0 Period 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0.56447 0 Period 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0 Period 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0 Period 9 0.91434 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0 Period 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0 Present Value of an Ordinary Annuity Present Value of an Ord Periods 3% 4% 5% 6% 7% 8% 9% 10% 1% 2% Period 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0 Period 2 1.97040 1.94156 1.91347 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 Period 3 2.94099 2.88388 2.82861 2.77509 2.72325 2.67301 2.62432 2.57710 2.53129 2.48685 2 Period 4 3.90197 3.80773 3.71710 3.62990 3.54595 3.46511 3.38721 3.31213 3.23972 3.16987 3 4.85343 4.71346 4.57971 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3 5.79548 5.60143 5.41719 5.24214 6.72819 6.47199 6.23028 6.00205 Period 5 Period 6 Period 7 Period 8 5.07569 4.91732 4.76654 4.62288 4.48592 4.35526 4 5.78637 5.58238 5.38929 5.20637 5.03295 4.86842 4 765168 732548 7 01969 6 73274 6 46321 6 20979 5.97130 5 74664 553482 5 334935 Present Value of an Annuity Due Periods 1% 2% 3% 4% 5% 6% 7% 8% Present Value of an Ar 9% 10% 1.00000 1.00000 Period 1 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 Period 2 1.99010 1.98039 1.97087 1.96154 1.95238 1.94340 1.93458 1.92593 1.91743 1.90909 Period 3 2.97040 2.94156 2.91347 2.88609 2.85941 2.83339 2.80802 2.78326 2.75911 2.73554 Period 4 3.94099 3.88388 3.82861 3.77509 3.72325 3.67301 3.62432 3.57710 3.53129 3.48685 Period 5 4.90197 4.80773 4.71710 4.62990 4.54595 4.46511 4.38721 4.31213 4.23972 4.16987 Period 6 5.85343 5.71346 5.57971 Period 7 6.79548 6.60143 6.41719 5.45182 5.32948 5.21236 5.10020 4.99271 4.88965 4.79079 6.24214 6.07569 5.91732 5.76654 5.62288 5.48592 5.35526 770810 717100 02028 700905 670627650020L