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.
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Calculate the present value of the lease .
![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6d5ecabd-7655-482d-8c36-1ccbd0b24c92%2Fca64a674-466b-49e5-9d75-c91bd4d153da%2Fjlcvez_processed.jpeg&w=3840&q=75)
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- Round your answer to nearest $.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 USOPTIONAL 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:
- Step 3: Practice: Amortization Schedule Now it's time for you to practice what you've learned. Suppose Neha receives a $37,000.00 loan to be repaid in equal installments at the end of each of the next 3 years. The interest rate is 8% compounded annually. Complete the following amortization schedule by calculating the payment, interest, repayment of principal, and ending balance for each year. \table[[Year, Beginning Amount, Payment, Interest, Repayment of Principal, Ending Balance], [1, $37,000.00, grad,grad,grad,grad Step 3: Practice: Amortization Schedule Now it's time for you to practice what you've learned. Suppose Neha receives a $37,000.00 loan to be repaid equal installments at the end of each of the next 3 years. The interest rate is 8% compounded annually. Complete the following amortization schedule by calculating the payment, interest, repayment of principal, and ending balance for each year. Beginning Amount Year Payment Interest Repayment Principal Ending Balance…question on the picConstruct an amortization schedule for a $1,000, 3.9% annual rate loan with 3 equal payments. The first payment will be made at the end of the 1st year. Find the required annual payments Selected Answer: $356.9 Answers: $356.9 $359.7 $367.2 $370.5 what’s the ending balance of the amortized loan at the end of the first year? Selected Answer: $678.1 Answers: $650.2 $669.1 $678.1 $679.3
- Question 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.pts 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%…Finance
