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slove pls slove for yellow boxs On January 1: 2024, the Mountain Company agreed to purchase a building by making six payments. The lirst three

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slove for yellow boxs
On January 1: 2024, the Mountain Company agreed to purchase a building by making six payments. The lirst three are to be $38,000 each, and will be paid on December 31, 2024, 2025, and 2026. The last three are to be $53,000 each and will be paid on December 31, 2027, 2028, and 2029. Mountain borrowed other money at a 10% annual rate: Required: 1. At what amount should Mountain record the note payable and corresponding cost of the building on January 1,2024 ? 2. How much interest expense on this note will Mountain recognize in 2024 ? Note: For alt requirements, use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (EV of S1, PV of S1. EVA of S1. PVA of S1. EVAD of S1 and PVAD of S1) For each of the following situations involving annuities, solve for the unknown. Assume that interest is compounded annually and that all amnuity amounts are received at the end of each period. ( i= interest rate, and n= number of years) Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV cef S1. PV of S1. EVA or S1. PVA of \$1. EVAD of \$1 and PVAD of \$i)

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