CP$8-10-$submit in Canvas $($round all answers to the nearest dollar$)$

$\backslash$table$[[$n$,$i$,$PV$$1,$FV $$1,$PVA,FVA$],[6,8\%,0\mathrm{.}63017,1\mathrm{.}58687,4\mathrm{.}62288,7\mathrm{.}33593],[72,0\mathrm{.}67\%,0\mathrm{.}61977,1\mathrm{.}61350,57\mathrm{.}03452,92\mathrm{.}02533]]$

You want to buy a $$39,000$ car today and will be making monthly payments for the next $6$ years. What is your car payment if your borrowing rate is $8\%?$

For $2-3$ use the following:

The company issues $8\%,10-$year bonds with a total face amount of $$100,000$ with interest paid semi$-$annually. The market rate of interest is $8\mathrm{.}2\%.$

$\backslash$table$[[n,\%,$PV$,$PVA$],[10,8\mathrm{.}0\%,0\mathrm{.}46319,6\mathrm{.}71008],[10,8\mathrm{.}2\%,0\mathrm{.}45470,6\mathrm{.}64997],[20,4\mathrm{.}0\%,0\mathrm{.}45639,13\mathrm{.}59033],[20,4\mathrm{.}1\%,0\mathrm{.}44770,13\mathrm{.}47077]]$

What is the issue price of the bond? $ $q,$

What is the interest expense for the first interest payment? $$

For $4-5$ use the following

Balance Sheet $($partial$)$ at $12/31$

Stockholders' Equity:

Common stock $($par $$0\mathrm{.}50)$

$$75,000$

Additional Paid in capital

$2,925,000$

Total paid in capital

$3,000,000$

Retained earnings

$1,000,000$

Treasury stock $(3,000$ shares$)$

$(90,000)$

Total stockholders' equity

$$3,910,000$

Assume that the company resold $1,000$ shares of its treasury stock for $$40$ per share.

$4.$ How much would additional paid in capital change? $$

$5.$ How much would Stockholders' Equity change?

$