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QUESTION 31 Pebble Creek Corporation issues $600,000, 10-year, 8% bonds dated January 1, 2020 at 96. What are the cash proceeds received by Pebble Creek
QUESTION 31 Pebble Creek Corporation issues $600,000, 10-year, 8% bonds dated January 1, 2020 at 96. What are the cash proceeds received by Pebble Creek from the issuance of the bonds? O A. $600,000 O B. $576,000 O C. $624,000 O D. $596,000 QUESTION 32 If $30,000 is deposited in a savings account at the end of each year and the account pays interest of 5% compounded annually, what will be the balance of the account at the end of 10 years? O A. $315,000 O B. $231,652 O C. $377,337 O D. $48,867
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