Wildhorse Inc. has completed the purchase of new Dell computers. The fair value of the equipment is $856,200. The purchase agreement specifies an immediate down payment of $203,200 and semiannual payments of $84,567 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 % semiannually

Wildhorse Inc. loans money to John Kruk Corporation in the amount of $776,800. Wildhorse accepts an 8% note due in 7 years with interest payable semiannually. After 2 years (and receipt of interest for 2 years), Wildhorse 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 Wildhorse will receive on the sale of the note? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Amount received on sale of note

$

Wildhorse Inc. wishes to accumulate $1,297,600 by December 31, 2027, to retire bonds outstanding. The company deposits $203,200 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 $1,297,600 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, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Annuity of value of quarterly deposits

$