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 $ (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 $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Anthony and Michelle Walker invested $7,000 in a savings account paying 8% annual interest when their daughter, Angela, was born. They also deposited $1,400 on each of her birthdays until she was 18 (including her 18th birthday). Click here to view the factor table 1. Table 2 Table 3 Table 4 How much was in the savings account on her 18th birthday (after the last deposit)? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.24571. Round answer to 2 decimal places, e.g. 25.25.) Amount on 18th birthday $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Joseph Moore borrowed $31,800 on July 1, 2022. This amount plus accrued interest at 7% compounded annually is to be repaid on July 1, 2027. Click here to view the factor table 1. Table 2 Table 3 Table 4 How much will Joseph have to repay on July 1, 2027? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.24571. Round answer to 2 decimal places, e.g. 25.25.) Amount to be repaid on July 1, 2027 $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer * Your answer is incorrect. Vaughn Manufacturing issued $800,000, 9-year bonds. It agreed to make annual deposits of $81,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 9 years. The deposits are made at the end of each year into an account paying 4% annual interest. Click here to view the factor table 1. Table 2 Table 3 Table 4 What amount will be in the sinking fund at the end of 9 years? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.24571. Round answer to 2 decimal places, e.g. 25.25.) Amount in the sinking fund $ 972,494.1 e Textbook and Media