Question: Please help with these questions. Thank you. Brief Exercise A-9 x Your answer is incorrect. Try again. Messi Company is considering an investment that will
Please help with these questions. Thank you.




Brief Exercise A-9 x Your answer is incorrect. Try again. Messi Company is considering an investment that will return a lump sum of $820,000 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 7% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay | 4419217.80 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise A-11 Robben Company is considering investing in an annuity contract that will return $29,000 annually at the end of each year for 20 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Robben Company pay for this investment if it earns an 7% return? (Round answer to 2 decimal places, e.g. 25.25.) Robben Company should payt Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question correctly in two attempts or less. DRA ILAL Brief Exercise A-13 Dempsey Railroad Co. is about to issue $272,000 of 9-year bonds paying an 10% interest rate, with interest payable semiannually. The discount rate for such securities is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Dempsey expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Dempsey can expect to received " Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise A-14 * Your answer is incorrect. Try again. Dempsey Railroad Co. is about to issue $284,000 of 9-year bonds paying an 9% interest rate, with interest payable semiannually. The discount rate for such securities is 10%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Dempsey expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,525.) Dempsey can expect to receive 315917 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Brief Exercise A-22 Your answer is partially correct. Try again. Barney Googal owns a garage and is contemplating purchasing a tire retreading machine for $15,820. After estimating costs and revenues, Barney projects a net cash inflow from the retreading machine of $3,000 annually for 8 years. Barney hopes to earn a return of 9% on such investments. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the present value of the retreading operation? (Round answer to 2 decimal places, e.g. 25.25.) Present value 17495 Should Barney Googal purchase the retreading machine? Barney Googal should purchase the retreading machine. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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