QUESTION 40 1. John is buying a motorhome. He has the following options Option 1: Purchasing the motorhome for $62,880 from Honest Susie. Under this deal he would pay 10% down and making 60 equal monthly which would include interest at 6. Not being complete sure of the trustworthiness of Susie, he called the bank and, indeed, 6% was the going rate on such purchases. Option 2. Dealing Dave has offered the bus of $75,000. Under this deal, he would pay ng money down and annual interest payments of 2N. Then at the end of the fifth year, he would pay the $75,000 Option : Mostly Honest Bill would sell him the bus to $72,000. Under this deal he would put no money down and pay the 72.000 in 48 equal monthly payments that include interest at 3% Rank the deals in order of which is best for John A none of the listed choices 3.2.1.3. C 6.2.1.2. CD, 2.1 L 1,2,3. QUESTION 41 1. Malcom deposits $1,000 in a bank account that pays 4 compounded quarterly, how much Will he have in 6 years? A $ 1,787.57 B. $ 1,390.12 C$ 1.269.73 D. $ 1.942.05 E none of the listed choices QUESTION 42 1. On January 1, 2019, Declan Diaper Co. declared a $2.00 per share dividend payable on February 1. to holders of record on January 15. Before the dividend was declared, the company had 200,000 shares of $10 par value stock outstanding On the date of payment, the journal entry would include a A. There would be no journal entry on this date. r B. a credit to Cash of $ 400,000 ca credit to Retained Earnings of $ 400.000. Da debit to Retained Earnings of $400,000 E a credit to Dividends Payable of $ 400,000