Question: 1 7 ) On July 1 , 2 0 2 3 EXCHEM, Inc. enters into an agreement with Brotherhood Finance Company ( BFC ) whereby

17) On July 1,2023 EXCHEM, Inc. enters into an agreement with Brotherhood Finance Company (BFC) whereby it will make four and a half years of monthly $650.00 payments that accumulate at a guoted annual rate of 4.7%. What would be the present value of these payments if discounted continuously at5.8%?18) ParkMoor sells an undeveloped parcel of land for $27.0 m. Under the

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