Question: Using a present value table, your calculator, or a computer program present value function, answer the following questions: See Table 64 and Tab 5 (Use
Using a present value table, your calculator, or a computer program present value function, answer the following questions: See Table 64 and Tab 5 (Use the appropriete factor by clicking on the appropriate Table links) Bequired What is the present value of rene annual cash payments of $2.000, to be past at the end of each year using an interest rate of 0% b. What is the present value of $40.000 to be paid at the end of 22 years, using an interest rate of 14% 6. How thuch cash must be depouted in a savings account as a single amount in order to accumulate $300,000 at the end of 11 years. suming that the account will earn 12% are d. How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50,000 at the end of 11 years. suing that the account will earn 12% interest Assume that a machine was purchased for $51.800. Cash of $18.300 was paid, and a four-year, 12% note payable was signed for the balance Prepare the horizontal model and record the journal entry, to show the purchase of the machine as described 2 How much is the equal annual payment of principal and interest due at the end of each year? 3 What is the total amount of stereit expense that we be reported over the life of the note A Prepare the honzontal model and record the journal entres, to show the equal annual payments of principal and interest due it the end of each year Complete this question by entering your answers in the tabs below. PULC FF Assume that a machine was purchased for $51.800. Cash of 18,300 was paid, and a four year, 12% note payable was signed for the balance. Prepare the horizontal model, to show the weal annual payments of principal and interest due a each year (e aounts with for cases and ounts with for decreases. Enter decreases with a mines sign to indicate a negative financial statement effect) Ca (11.02 Stickery City 7000+ D > Expreses 100 value table, your calculator, or a computer program present value function, answer the following questions: See Table 6-4 and Table 6-5 (Use the appropriate factor by clicking on the appropriate Table links.) Required: a. What is the present value of nine annual cash payments of $2,000, to be paid at the end of each year using an interest rate of 6% ? b. What is the present value of $40,000 to be paid at the end of 22 years, using an interest rate of 14% ? c. How much cash must be deposited in a savings account as a single amount in order to accumulate $300,000 at the end of 11 years, assuming that the account will earn 12% Interest? d. How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50,000 at the end of 11 years, assuming that the account will earn 12% Interest? e. Assume that a machine was purchased for $51,800. Cash of $18,300 was paid, and a four-year, 12% note payable was signed for the balance 1. Prepare the horizontal model and record the journal entry, to show the purchase of the machine as described 2. How much is the equal annual payment of principal and interest due at the end of each year? 3. What is the total amount of interest expense that will be reported over the life of the note? 4. Prepare the horizontal model and record the journal entries, to show the equal annual payments of principal and interest due at the end of each year Complete this question by entering your answers in the tabs below. Reg A Req B Reg C Req D Req Ela Req Elb Reg E2 RegE3 Req [40 Req E4 Assume that a machine was purchased for $51,800. Cash of $18,300 was paid, and a four-year, 12% note payable was signed for the balance. Record the journal entries, to show the equal annual payments of principal and interest due at the end of each year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction st Journal entry worksheet 1 2 3 4 Record the annual lease payments on a note payable