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these 4 questions On January 1 , a company agrees to pay $30,000 in four years. If the annual interest rate is 4%, determine how

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On January 1 , a company agrees to pay $30,000 in four years. If the annual interest rate is 4%, determine how much cash the company can borrow with this agreement. (PV of \$1, FV of \$1, PVA of \$1, and FVA of S1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Dave Krug finances a new automobile by paying $6,400 cash and agreeing to make 20 monthly payments of $480 each, the first payment to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What is the cost of the automobile? (PV of \$1. FV of \$1, PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Algoe expects to invest $1,600 annually for 15 years to yield an accumulated value of $37,241.60 on the date of the last investment For this to occur, what rate of interest must Algoe earn? (PV of \$1, FV of \$1, PVA of \$1, and EVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Steffi Derr expects to invest $16,000 annually that will earn 6%. How many annual investments must Derr make to accumulate $410,760 on the date of the last investment? (PV of \$1, FV of \$1. PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places

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