Using a present value table, your calculator, or a computer program present value function, answer the following questions: See Table 6-4 and Table 6-5 (Use the appropriate factor by clicking on the appropriate Table links.) Required: a. What is the present value of nine annual cash payments of $2,000, to be paid at the end of each year using an interest rate of 6% ? b. What is the present value of $40,000 to be paid at the end of 22 years, using an interest rate of 14% ? c. How much cash must be deposited in a savings account as a single amount in order to accumulate $300,000 at the end of 11 years, assuming that the account will earn 12% Interest? d. How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50,000 at the end of 11 years, assuming that the account will earn 12% interest? e. Assume that a machine was purchased for $51,800. Cash of $18,300 was paid, and a four-year, 12% note payable was signed for the balance. 1. Prepare the horizontal model and record the journal entry, to show the purchase of the machine as described 2. How much is the equal annual payment of principal and interest due at the end of each year? 3. What is the total amount of interest expense that will be reported over the life of the note? 4. Prepare the horizontal model and record the journal entries, to show the equal annual payments of principal and interest due at the end of each year Complete this question by entering your answers in the tabs below. Req A Req B Req C Req D Req Ela Req Elb Req E2 Req E3 Req E4a Req E4b Assume that a machine was purchased for $51,800. Cash of $18,300 was paid, and a four-year, 12% note payable was signed for the balance. What is the total amount of interest expense that will be reported over the life of the note? Total interest payments Using a present value table, your calculator or a computer program present value function, answer the towing questions Ser T 64 and Tae (Use the appropriate factor by clicking on the appropriate Table Required: a. What is the present vake of nine annus cash paymes of $2,000, to be paid at the end of each year using an est care of b. What is the present value of $40,000 s pad at the end of 22 years, using an interest rate of N How much cash must be deposted in a savings accent as a single amount in order to accumulate $300,000 at the me of 1 years assuming that the account wit eare Q nterest srge amount in order to accumulate $50000 at the era or years d. How much cash must be depouted savings account assuming that the account wit eam 12% interest Assume that a mactice was purchased for $800 Cash of 58.300 was pact, and a four-year, 12% note payater Balance 1 Prepare the horizontal mock and the youma entry to show the purchase of the enactie as rescind How much the equal annual payment of prinopel and sterest due at the end of each year total amount of inexperte esl be ported over the she of the n det and reced the pan to show the equal arc 3 What 4 hepale the nort at the end of each year gned for the ments of pincipal and interest Que Complete this question by entering your answers in the tabs below. We C A that a machine was purchased for $51.800. Cash $18.300 was paid, and a four-year 12% note payable was signed for the balance Prepare the hortzental made to show the equal alpaments of incipal and interest rate and thats with fur cales and amunt with foc decreases Enter decreases with a minus sign to indicate a negative feandal statement effect 1 13. A Sh + holde