CP8-10-submit in Canvas (round all answers to the nearest dollar)PV$1TFV$1FVAPVA56%0.7472581.3382264.2123645.63709360 0.50%0.741372 1.348850 51.725561 69.7700311. You want to buy a $30,000 car today and will be making monthly payments for thenext 5 years. What is your car payment if your borrowing rate is 6% ? $For 2-3 use the following:The company issues 7%, 10-year bonds with a total face amount of $1,000,000 withinterest paid semi-annually. The market rate of interest is 7.1%.%PVPVA107.00%0.5083497.023582107.10%0.5036236.991230203.50%0.50256614.212403203.55%0.497735 14 1483182. What is the issue price of the bond? $3. What is the interest expense for the first interest payment? $For 4-5 use the followingBalance Sheet (partial) at 12/31/YR6Stockholders' Equity:Common stock (par $0.25)Additional Paid in capitalTotal paid in capitalRetained earningsTreasury stock (1,500 shares)Total stockholders' equity$25,0003,475,0003,500,0001,250,000(75,000)$4.675.000Assume that the company resold 1,000 shares of its treasury stock for $54 per share.4. How much would additional paid in capital change? $5. How much would Stockholders' Equity change?

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CP8-10-submit in Canvas (round all answers to the nearest dollar) PVS1 FV$1 PVA FVA 5 0.747258 1.338226 4.212364 5.637093 60 0.50% 0.741372 1.348850 51.725561 69.770031 n 1. You want to buy a $30,000 car today and will be making monthly payments for the next 5 years. What is your car payment if your borrowing rate is 6%? $_

CP8-10-submit in Canvas (round all answers to the nearest dollar) PVS1 FV$1 PVA FVA 5 0.747258 1.338226 4.212364 5.637093 60 0.50% 0.741372 1.348850 51.725561 69.770031 n 1. You want to buy a $30,000 car today and will be making monthly payments for the next 5 years. What is your car payment if your borrowing rate is 6%? $_

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Im not sure the present value to add get the total
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