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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- Sub: financial accounting 8.7. Need AnswerQuestion A company owes 500 and 1000 to be paid at the end of year one and year four, respectively. The company will set up an investment program to match the duration and the present value of the above obligation using an annual effective interest rate of 10%. The investment program produces asset cash flows of X today and Y in three years. Calculate X and determine whether the investment program satisfies the conditions for Redington immunization. Possible Answers A B C D X = 75 and the Redington immunization conditions are not satisfied. X = 75 and the Redington immunization conditions are satisfied. X = 1138 and the Redington immunization conditions are not satisfied. X = 1138 and the Redington immunization conditions are satisfied. E X = 1414 and the Redington immunization conditions are satisfied.eBook 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 ↓…
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- Construct the amortization schedule for a $17,000.00 debt that is to be amortized in 10 equal semiannual payments at 6% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Unpaid Balance Reduction Payment Number 0 1 2 Payment Interest $ $ $ $ $ $ Unpaid Balance $ $ WEEKERMNDHiren Add explanation
- Make your own amortization schedule using the given data Compute and complete the amortization table Period: 6 semi-annual periods (3 years) Effective interest: 8% Stated rate: 10% Face Value: 100,000 Issue Price: 105,242.14 Amortization of Carrying Balance Period Interest paid=100,000 x 5% Expense=carrying Interest to be Discount amount x 4% -Int exp. - Int paid 105,242.14 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 3. 4What is the balance after 3 years on a CD with an initial investment of $1,800.00 and a 2.75% interest rate? A. $1,899.00 B. $1,952.62 C. $1,805.50 D. $4,950.007 Present work in Excel Consider the following: Financed amount: $385,000 Cost of funds: 7.25% (interest rate) 30-year amortization Calculate (round to nearest dollar): Annual payment amount (this is monthly payment x 12 --- then rounded to nearest dollar) Amount of 'Interest paid' during year 3 (rounded to nearest dollar) Amount of 'Principal paid' during year 3 (rounded to nearest dollar)