Click here to view the factor table 1. Table 2 Table 3 Table 4 (a) What is the present value of $36,000 due 9 periods from now, discounted at 7%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Present value $ $19.581.48 (b) What is the present value of $36,000 to be received at the end of each of 6 periods, discounted at 9%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 25.25.) Present value $ $21,465.72 e Textbook and Media Edward Lewis owns a garage and is contemplating purchasing a tire retreading machine for $21,820. After estimating costs and revenues, Edward projects a net cash inflow from the retreading machine of $4,300 annually for 7 years. Edward hopes to earn a return of 7% on such investments. What is the present value of the retreading operation? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.27541. Round answer to 2 decimal places, e.g. 25.25.) Present value $ Should Edward purchase the retreading machine? Edward purchase the tire retreading machine. e Textbook and Media Sheridan Company is about to issue $310,000 of 10-year bonds paying an 12% interest rate, with interest payable annually. The discount rate for such securities is 10%. Click here to view the factor table 1. Table 2 Table 3 Table 4 How much can Sheridan expect to receive for the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided,e.g. 5.25471. Round answer to 0 decimal places, e.g. 2,525.) Sheridan can expect to receive $ e Textbook and Media Current Attempt in Progress Bonita Industries is about to issue $286,000 of 9-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 12%. Click here to view the factor table 1. Table 2 Table 3 Table 4 How much can Bonita expect to receive from the sale of these bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.25471. Round answer to 0 decimal places, e.g. 2,525.) Bonita can expect to receive $ Taytbook and Media Swifty Corporation earns 10% on an investment that pays back $87,000 at the end of each of the next 6 years. Click here to view the factor table 1. Table 2 Table 3 Table 4 What is the amount Swifty Corporation invested to earn the 10% rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.25471. Round answer to 2 decimal places, e.g. 25.25.) Swifty Corporation invested $ e Textbook and Media