Tom Thompson expects to invest $22,000 at 6% and, at the end of a certain period, receive $55,889. How many years will it be before Thompson receives the payment? (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Present Value Table Factor Years years Bill Padley expects to invest $13,000 for 2 years, after which he wants to receive $14,060.80. What rate of interest must Padley earn? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Future Value Present Value Table Factor Interest Rate % Dave Krug finances a new automobile by paying $6,000 cash and agreeing to make 20 monthly payments of $460 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) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Monthly Payment Table Factor Present Value of Loan = Table Values are Based on: n i Present Value of Loan Cash Down Payment Cost of the Automobile