Question: help me Using a financial calculator, solve for the unknowns in each of the following situations. (a) On June 1.2021, Dorothy Lawrence purchases lakefront property

help me
help me Using a financial calculator, solve for the unknowns in each

Using a financial calculator, solve for the unknowns in each of the following situations. (a) On June 1.2021, Dorothy Lawrence purchases lakefront property from her neighbor, Josh Hutcherson, and agrees to pay the purchase price in 10 payments of $17,000 each, the first payment to be payable June 1,2022. (Assume that interest compounded at an annual rate of 6.05% is implicit in the payments.) What is the purchase price of the property? (Round answer to 2 decimal places, es. 25.25.) The purchase price of the property $ (b) On January 1,2021, Monty Corp. purchased 500 of the $1,000 face value, 9% coupon, 10 -year bonds of Teal Mountain Inc. The bonds mature on January 1,2031, and pay interest annually beginning January 1,2022. Monty purchased the bonds to yield 11.65% How much did Monty pay for the bonds? (Round answer to 2 decimat places, e.s. 25.25.) Monty pay for the bonds 5

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