Using a present value table, your calculator or a computer program present value unction, anwer the towing questions See Sand 15 (Use the appropriate factor by clicking on the appropriate Dequired a. What is the present value of nane annual cash payments of $2,000 to be paid i b. What is the present value $40 000 to be paid at the end of 22 years, using How much cash must be deposited in a savings account as a single amount in order assuming that the account will eam 12% interest e end of each year ung an nterest rate of G mest rate of 14% accumulate $300.000 at the end of years 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 years assuming that the account will earn 12% interest Assume that a machine was purchased for $51800 Cash of $18.300 was paid and a four-year, 12% note payan 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 ife of the note 4. Prepare the honzontal mode and record the journal entries to thow the equal annual payments of principal and intereste at the end of each year Complete this question by entering your answers in the tabs below Hey A C D Re Sex Assume that a machine was purchased for $31,90 Cash of $16,300 was paid, and a four yea 12% te pevale signed for the ban parte horiztal model to ste the all of j ch year (e sets with for increasin and amnis with for deces Enter decreases with a mini signo dia segative franial Statement off Asuis Can TE BUN maz > 00 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 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. Bay A Req B Rag C Rea D Req Ela Req Esb Reg 12 Re 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. ( no entry is required for a transaction/event, select "No journal entry required in the first account field.)) View transaction t Journal entry worksheet < 2 Record the annual lease payments on a note payable. Nitenter de before Your T General Josmal Debit Credit