Question 7 View Policies Current Attempt in Progress Answer the following questions related to Blossom Inc. Click here to view factor tables Blossom Inc. has $652920 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $97304 at the end of each year for 10 years, and the other is to receive a single lump sum payment of $2027870 at the end of the 10 years. Which alternative should Blossom select? Assume the interest rate is constant over the entire investment Alternative One e Textbook and Media Blossom Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $906565. The purchase agreement specifies an Immediate down payment of $220000 and semiannual payments of $84647 beginning at the end of 6 months for 5 years. What is the interest rate, to the nearest percent, used in discounting this purchase transaction? Interest rate 471 % semiannually P & CPA Exam Video Lessons e Textbook and Media Nei S M Aberdeen News Yo Ameritrade Cengage NOSU Canet Connect Weather Mel Turpin R e d ACCT 320 Interest rate 471 % semiannually PICH CAS E eTextbook and Media Blossom Inc. loans money to John Kruk Corporation in the amount of $880000, Blossom accepts an 8% note due in 7 years with interest payable semiannually. After 2 years (and receipt of interest for 2 years), Blossom needs money and therefore sells the note to Chicago National Bank, which demands interest on the note of 10% compounded semiannually. What is the amount Blossom will receive on the sale of the note? (Round factor values to 5 decimal places 48. 1.25124 and final answer to decimal places, es 458,581) Amount received on sale of notes e Textbook and Media Rlossom Inc, wishes to accumulate $1430000 by December 31, 2027, to retire bonds outstanding. The company deposits $220000 on December 31, 2017, which will earn interest at 10% compounded quarterly, to help in the retirement of this debt. In addition, the company wants to know how much should be deposited at the end of each quarter for 10 years to ensure that $1430000 is available at the end of 2027.(The quarterly deposits will also earn at a rate of 10%, compounded quarterly) (Round factor values to 5 decimal places, es 1.25124 and final answer to decimal places.es 458,581) Annuity of value of quarterly deposits $