Assignment Financial Accounting [5 points] Green Path Landscaping purchased equipment through a 5-year capital lease. Annual payments are $12,000, and the implicit interest rate is 6%. Calculate the present value of the lease (using PVA factor of 4.2124 for 5 years at 6%). Round your answer. a) $50,549 b) $51,600 c) $49,800 d) $52,300
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5 POINTS
![Assignment Financial Accounting [5 points]
Green Path Landscaping purchased equipment through a 5-year capital
lease. Annual payments are $12,000, and the implicit interest rate is 6%.
Calculate the present value of the lease (using PVA factor of 4.2124 for 5
years at 6%). Round your answer.
a) $50,549
b) $51,600
c) $49,800
d) $52,300](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F25dff35d-4305-4f07-962f-dce1fca5d1c5%2F010f3e90-a7f1-4d53-b914-1ceb56d6f82b%2Fpbpuguo_processed.jpeg&w=3840&q=75)
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- Emily leased equipment worth $70,000 for 5 years. If the cost of borrowing is 5.69% compounded semi-annually, calculate the size of the lease payment that is required to be made at the beginning of each half-year. $0.00 Round to the nearest cent SUBMIT QUESTION ← Q SAVE PROGRESS V SUBMIT AS ENG USeBook Internal Rate of Return Method The Canyons Resort, a Utah ski resort, announced a $949,630 expansion of lodging properties, lifts, and terrain. Assume that this investment is estimated to produce $178,000 in equal annual cash flows for each of the first eight years of the project life. Present Value of an Annuity of $1 at Compound Interest Year 1 2 3 4 5 < 6 7 8 9 10 6% 0.943 1.833 2.673 3.465 4.212 4.917 5.582 6.210 6.802 7.360 Feedback 10% Check My Work 0.909 1.736 2.487 3.170 3.791 4.355 4.868 5.335 5.759 6.145 12% 0.893 1.690 2.402 3.037 3.605 4.111 4.564 4.968 5.328 5.650 15% 0.870 1.626 2.283 2.855 3.353 3.785 4.160 4.487 4.772 5.019 20% Check My Work 7 more Check My Work uses remaining. 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 Determine the expected internal rate of return of this project for eight years, using the present value of an annuity of $1 table above. In your calculation, round the net present value factor to three decimal places. 12 X % 4.192 All ↓…OPTIONAL PROJECT Amortization Schedule - Long-term Note See Example video for help in creating a PV/FV chart and amortization schedule. On January 1, 2020 Adventure Park Corp. borrowed $350,000 in order to buy the Wild Saucer ride. The loan had an annual rate of 5% and an 8 year maturity date. Determine the blended annual year-end payments by preparing a PV/FV chart. N (period of time) I (Interest) PV (Present Value FV (Future Value) PMT (Annuity) Prepare the loan amortization schedule. Beginning Period Annual Payment Interest Expense Principal Payment Principal Balance Balance Page 1 2 3 4 5 7 8 If the loan was paid off at the end of year 6 how much would Arcade Company save in interest? Use a formula to calculate your solution. Answer: Explain why the interest on the loan decreases each year? Answer:
- BhaProblem solvepts You recently bought a single-family investment property for $276,000 with a fixed interest rate mortgage loan with an initial balance of $125,000, 3.55% annual nominal interest rate, and a 10-year fully amortizing loan term. Cash flow after debt service and before tax is estimated to be as follows: Year 1: $6,500 Year 2: $6,750 Year 3: $7,000 You expect a three-year holding period and that you'll be able to sell the investment for $300,000 three years from today. What do you estimate for the leveraged before tax IRR and how IRR is partitioned between cash flow from operations and cash flow from the sale? Use annual compounding or discounting to solve this problem. 5.20% with cash flow from operations representing 6.63% and cash flow from the sale representing 93.37% 5.20% with cash flow from operations representing 93.37% and cash flow from the sale representing 6.63% 15.29% with cash flow from operations representing 10.12% and cash flow from the sale representing 89.88% 15.29%…
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