1. Oneonta Quincy Associates acquired $7,520,000 par value, 4%, 20-year bonds on their date of issue, January 1 of the current year. The market rate at the time of issue is 18% and interest is paid semiannually on June 30 and December 31. Quincy uses the effective interest rate method to account for this investment. Quincy does not intend to hold the investment until maturity nor will it actively trade the bonds. The fair value of the bonds at the end of the year of acquisition is $5,197,200. Read the requirements? (Click the icon to view the Future Value 3 of $1 table.) (Click the icon to view the Future Value 5 of an Ordinary Annuity table.) (Click the icon to view the Future Value 7 of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) 6 Requirement a. Determine the purchase price of the investment in bonds. Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answers to the nearest whole dollar.) The purchase price of the investment in bonds is $ Requirement b. Prepare the journal entry to record the acquisition of the bond investment. (Record debits first, then credits. Exclude explanations from any journal entries.) Account January 1 (1) |(2) (3) || (4) Requirement c. Prepare the journal entries to record the interest income for the first year. Begin by recording the interest income for the semiannual payment on June 30. June 30 Account (5) (6) (7) (8) Now, record the interest income for the semiannual payment on December 31 Account December 31 (9) (10) (11) (12) Requirement d. Prepare the journal entry required to adjust the investment's carrying amount to fair value at year end, if necessary. Account December 31 (13) (14) (15) (16) 1: Requirements a. Determine the purchase price of the investment in bonds. b. Prepare the journal entry to record the acquisition of the bond investment. c. Prepare the journal entries to record the interest income for the first year. d. Prepare the journal entry required to adjust the investment's carrying amount to fair value at year end, if necessary. 3.51788 3.80296 2: Future Value of $1 Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1.01000 1.02000 1.03000 1.04000 1.05000 1.06000 1.07000 1.08000 1.09000 1.10000 1.11000 1.12000|| 1.13000 1.140001 1.150001 1.16000 1.17000 1.18000 1.19000 1.20000 1 2 1.02010 1.04040 1.06090 1.08160 1.10250 1.12360 1.14490 1.16640 1.18810 1.21000 1.23210 1.25440 1.27690 1.29960 1.32250 1.34560) 1.36890 1.39240 1.41610 1.440001 2 3 1.03030 1.06121 1.09273 1.12486] 1.15763 1.19102 1.22504 1.25971 1.29503 1.33100 1.36763 1.40493 1.44290 1.48154 1.52088 1.56090 1.60161 1.64303 1.685161 1.72800 3 4 1.04060 1.08243 1.12551 1.16986 1.21551 1.26248 1.31080 1.36049 1.41158 1.46410 1.51807 1.57352 1.63047 1.68896 1.74901 1.81064 1.87389 1.93878 2.00534 2.073601 4 5 1.05101 1.10408 1.15927 1.21665 1.27628 1.33823 1.40255 1.46933 1.53862 1.61051 1.68506 1.76234 1.84244 1.92541 2.01136) 2.10034 2.19245 228776 2.386351 2.488321 5 6 1.06152 1.12616 1.19405 1.26532 1.34010 1.41852 1.50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.08195 2.19497 2.31306 2.436401 2.56516 2.69955 2.83976 2.98598) 6 7 1.07214 1.14869 1.22987 1.31593 1.40710150363 1.60578 1.71382 1.82804 1.94872 2.07616 221068 2.35261 2.50227 2.66002 2.82622 3.00124 3.18547 3.37932 3.58318| 7 8 1.08286 1.17166 1.26677 136857 1.47746 1.59385 1.71819 1.85093 1.99256 2.14359 2.30454 2.47596 2.65844 2 2.85259 3.05902 3.278411 3.51145) 3.75886 4.02139 429982| 8 9 1.09369 1.19509 1.30477 1.42331 1.55133 1.68948 1.83846 1.99900 2.17189 2.35795 2.55804 2.77308 3.00404 3.25195 4 108401 4.43545 4.78545 5.15978 9 10 1.10462 1.21899 1.34392) 1.48024 1.62889 1.79085 1.96715 2.15892 2.36736 2.59374 2.83942 3.10585 3.39457 3.70722 404556 4.41144 480683 5.23384 5.69468 6.19174 10 11 1.11567 1.24337 1.38423 1.53945 1.71034 1.89830 2.10485 233164 258043 2.85312 3.15176 3.47855 3.83586 4.22623 465239 5.11726 5.62399 6.17593 6.77667 7.43008 11 12 1.12683 1.26824 1.42576 1.60103 1.79586 2.01220 2.25219 2.51817 2.81266 3.13843 3.49845 3.89598 433452 4.81790 5.35025 5.93603 6.58007 7.28759 8.06424 8.91610 12 13 1.13809 1.29361 1.46853 1.66507 1.88565 2.13293 2.40985 2.71962 3.06580 3.45227 3.88328 436349 4.89801 5.49241 6.15279 6.88579| 7.69868 8.59936 9.59645 10.69932 13 14 1.14947 1.31948 1.51259 1.73168 1.97993 2.26090 2.57853 2.93719 3.34173 3.79750 431044 4.88711 5.53475 6.26135 7.07571 7.98752 9.00745 10.14724 11.41977 12.83918 14 15 1.16097 1.34587 1.55797 1.80094 2.07893 2.39656 2.75903 3.17217 3.64248 4.17725 4.78459 5.47357 6.25427 7.13794 8.13706 9.26552 10.53872 11.97375 13.58953 15.40702 15 16 1.17258 1.37279 1.60471 1.87298 2.18287 2.54035 2.95216 3.42594 3.97031 459497 5.31089 6.13039 7.06733 8.13725 9.35762 10.74800 12.33030 14 12902 16.17154 18.48843 16 17 1.18430 1.40024 1.65285 1.94790 2.29202 2.69277 3.15882 3.70002432763 5.05447 5.89509 6.86604 7.98608 9.27646 10.76126 10.76126 12.46768 14.42646 16.67225 19.24413 22.18611 17 18 1.19615 1.42825 1.70243 2.02582 2.40662 2.85434 3.37993 3.99602471712 5.55992 6.54355) 7.68997 9.02427 10.57517 12.37545 14.46251 16.87895 19.67325 22.90052 26.62333 18 19 1 20811 1.45681 1.75351 2.10685 2.52695 3.02560 3.61653 431570 5.14166 6.11591 7.26334 8.61276 10.19742 10.19742 12.05569 1423177 16.77652 19.74838 23 21444 27.25162 31.94800 19 20 1.22019 1.48595 1.80611 2.19112 2.65330 3.20714 3.86968 4.66096 5.60441 6.72750 8.06231 9.64629 11.52309 13.74349 16.36654 19.46076 23.10560 27.39303 32.42942 38.33760 20 1.28243 1.64061 2.09378 2.66584 3.38635 429187 5.42743 6.84848 8.62308 10.83471 13.58546 17.00006 21.23054 21.23054 26.46192 32.91895 40.87424 50.65783 62.66863 77.38807 95.39622 25 30 1.34785 1.81136 2.42726 324340 4.32194 5.74349 7.61226 10.06266 13.26768) 17.44940 22.89230 29.95992 39.11590 50.95016 66 21177 ] 85.84988 85.84988 111.06465 143.37064 184.67531 237.37631 30 1.41660 1.99989 2.81386 3.94609 5.51602 7.6860910.67658 14.78534 20.41397 28.10244 38.57485 52.7996272.06851 98.10018 133.17552 180.31407 243.50347 327.99729440.70061 590.66823 35 40 1.48886 2.20804 3.26204 4.80102 7.0399910.28572 14.97446 21.72452 31.40942 45.25926 65.00087 93.05097 132.78155 188.88351 267.86355 378.72116 533.86871 750 37834 1,051.66751 1.469.77157 40 1.56481 2.43785 3.78160 5.84118 8.98501 13.76461 21.00245 31.92045 48.32729 72.89048109.53024 163.98760 244.64140 363.67907 538.76927 795.44383 1,170.47941 1,716.68388 2,509.65060 3.657 26199 45 50 1.64463 2.69159 438391 7.10668 11.46740 18.42015 29.45703 46.90161 7435752 117.39085 184.56483 289.00219 450.73593 700.23299 1.083.657441.670.70380 2,566.21528 3.927.35686 5,988.91390 9.100.43815 50 60 1.81670 3.28103 5.89160 10.51963 18.6791932.9876957.94643101.25706 176.03129304.48164524.05724 897 59693 1.530.053472.595.918664,383.998757 370.20137 12,335.3564820,555.1399734,104.9709256,347 51435 60 Periods 1% 2% 3% 4% % 5% 6% 6% 7% 7% 8% 9% 10% 11% 12% 13% 14% % 15% 16% 17% 18% 19% 20% Periods 3: Present Value of $1 Present Value of $1 Periods 1% 2 2% 4 4% 5% 6% 7% % 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 0.84034 0.83333 1 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.75614 0.74316 0.73051 0.71818 0.70616 0.69444 2 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.59342 0.57870 3 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 0.49867 0.48225 4 5 0.95147 0.90573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 0.59345 0.56743 0.54276 0.51937 0.49718 0.47611 0.45611 0.43711 0.41905 0.40188 5 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 0.38984 0.37043 0.35214 0.33490 6 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.31393 0.29592 0.27908 7 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 0.24867 0.23257 8 9 0.91434 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.33288 0.30751 0.28426 0.26295 0.24340 0.22546 0.20897 0.19381 9 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 0.20804 0.19106 0.17560 0.16151 10 11 0.89632) 0.80426 0.72242 0.64958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.26070 0.23662 0.21494 0.19542 0.17781 0.16192 0.14757 0.13459 11 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31863] 0.28584 0.25668 0.23071 0.20756 0.18691 0.16846 0.15197 0.13722 0.12400 0.11216 12 13 0.87866 0.77303 0.68095 0.60057 0.53032 0.46884 0.41496 0.36770 0.32618 0.28966 0.25751 0.22917 0.20416 0.18207 0.16253 0.14523 0.12989 0.11629 0.10421 0.09346 13 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.18068 0.15971 0.14133 0.12520 0.11102 0.09855 0.08757 0.07789 14 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.15989 0.14010 0.12289 0.10793 0.09489 0.08352 0.07359 0.06491 15 16 0.85282 0.72845 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.14150 0.12289 0.10686 0.09304 0.08110 0.07078 0.06184 0.05409 16 17 0.84438 0.71416 0.60502 0.51337 0.43630 0.37136 0.31657 0.27027 0.23107 0.19784 0.16963 0.14564 0.12522 0.10780 0.09293 0.08021 0.06932 0.05998 0.05196 0.04507 17 18 0.83602 0.70016 0.58739 0.49363) 0.41552 0.35034 0.29586 0.25025 021199 0.17986 0.15282 0.13004 0.11081 0.09456 0.08081 0.06914 0.05925 0.05083 0.04367 0.03756 18 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.09806 0.08295 0.07027 0.05961 0.05064 0.04308 0.03670 0.03130 19 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.08678 0.07276 0.06110 0.05139 0.04328 0.03651 0.03084 0.02608 20 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.233000.18425 0.14602 0.11597 0.09230 0.07361 0.05882 0.04710 0.03779 0.03038 0.02447 0.01974 0.01596 0.01292 0.01048 25 30 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 0.02557 0.01963 0.01510 0.01165 0.00900 0.00697 0.00541 0.00421 30 35 0.70591 0.50003 0.35538 0.25342 0.18129 0.13011 0.09366 0.06763 0.04899 0.03558 0.02592 0.01894 0.01388 0.01019 0.00751 0.00555 0.00411 0.00305 0.00227 0.00169 35 40 0.67165 0.45289 0.30656 0.20829 0.14205 0.09722 0.06678 0.04603 0.03184 0.02209 0.01538 0.01075 0.00753 0.00529 0.00373 0.00264 0.00187 0.00133 0.00095 0.00068 40 45 0.63905 0.41020 0.26444 0.17120 0.11130 0.07265 0.04761 0.03133 0.02069 0.01372 0.00913 0.00610 0.00409 0.00275 0.00186 0.00126 0.00085 0.00058 0.00040 0.00027 45 50 0.60804 0.37153 0 22811 0.14071 0.08720 0.05429 0.03395 0.02132 0.01345 0.00852 0.00542 0.00346 0.00222 0.00143 0.00092 0.00060 0.00039 0.00025 0.000171 0.00011 50 60 0.55045 0.30478 0.16973 0.09506 0.05354 0.03031 0.01726 0.00988 0.00568 0.00328 0.00191 0.00111 0.00065 0.00039 0.00023 0.00014 0.00008 0.00005 0.00003 0.00002 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1. Oneonta Quincy Associates acquired $7,520,000 par value, 4%, 20-year bonds on their date of issue, January 1 of the current year. The market rate at the time of issue is 18% and interest is paid semiannually on June 30 and December 31. Quincy uses the effective interest rate method to account for this investment. Quincy does not intend to hold the investment until maturity nor will it actively trade the bonds. The fair value of the bonds at the end of the year of acquisition is $5,197,200. Read the requirements? (Click the icon to view the Future Value 3 of $1 table.) (Click the icon to view the Future Value 5 of an Ordinary Annuity table.) (Click the icon to view the Future Value 7 of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) 6 Requirement a. Determine the purchase price of the investment in bonds. Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answers to the nearest whole dollar.) The purchase price of the investment in bonds is $ Requirement b. Prepare the journal entry to record the acquisition of the bond investment. (Record debits first, then credits. Exclude explanations from any journal entries.) Account January 1 (1) |(2) (3) || (4) Requirement c. Prepare the journal entries to record the interest income for the first year. Begin by recording the interest income for the semiannual payment on June 30. June 30 Account (5) (6) (7) (8) Now, record the interest income for the semiannual payment on December 31 Account December 31 (9) (10) (11) (12) Requirement d. Prepare the journal entry required to adjust the investment's carrying amount to fair value at year end, if necessary. Account December 31 (13) (14) (15) (16) 1: Requirements a. Determine the purchase price of the investment in bonds. b. Prepare the journal entry to record the acquisition of the bond investment. c. Prepare the journal entries to record the interest income for the first year. d. Prepare the journal entry required to adjust the investment's carrying amount to fair value at year end, if necessary. 3.51788 3.80296 2: Future Value of $1 Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1.01000 1.02000 1.03000 1.04000 1.05000 1.06000 1.07000 1.08000 1.09000 1.10000 1.11000 1.12000|| 1.13000 1.140001 1.150001 1.16000 1.17000 1.18000 1.19000 1.20000 1 2 1.02010 1.04040 1.06090 1.08160 1.10250 1.12360 1.14490 1.16640 1.18810 1.21000 1.23210 1.25440 1.27690 1.29960 1.32250 1.34560) 1.36890 1.39240 1.41610 1.440001 2 3 1.03030 1.06121 1.09273 1.12486] 1.15763 1.19102 1.22504 1.25971 1.29503 1.33100 1.36763 1.40493 1.44290 1.48154 1.52088 1.56090 1.60161 1.64303 1.685161 1.72800 3 4 1.04060 1.08243 1.12551 1.16986 1.21551 1.26248 1.31080 1.36049 1.41158 1.46410 1.51807 1.57352 1.63047 1.68896 1.74901 1.81064 1.87389 1.93878 2.00534 2.073601 4 5 1.05101 1.10408 1.15927 1.21665 1.27628 1.33823 1.40255 1.46933 1.53862 1.61051 1.68506 1.76234 1.84244 1.92541 2.01136) 2.10034 2.19245 228776 2.386351 2.488321 5 6 1.06152 1.12616 1.19405 1.26532 1.34010 1.41852 1.50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.08195 2.19497 2.31306 2.436401 2.56516 2.69955 2.83976 2.98598) 6 7 1.07214 1.14869 1.22987 1.31593 1.40710150363 1.60578 1.71382 1.82804 1.94872 2.07616 221068 2.35261 2.50227 2.66002 2.82622 3.00124 3.18547 3.37932 3.58318| 7 8 1.08286 1.17166 1.26677 136857 1.47746 1.59385 1.71819 1.85093 1.99256 2.14359 2.30454 2.47596 2.65844 2 2.85259 3.05902 3.278411 3.51145) 3.75886 4.02139 429982| 8 9 1.09369 1.19509 1.30477 1.42331 1.55133 1.68948 1.83846 1.99900 2.17189 2.35795 2.55804 2.77308 3.00404 3.25195 4 108401 4.43545 4.78545 5.15978 9 10 1.10462 1.21899 1.34392) 1.48024 1.62889 1.79085 1.96715 2.15892 2.36736 2.59374 2.83942 3.10585 3.39457 3.70722 404556 4.41144 480683 5.23384 5.69468 6.19174 10 11 1.11567 1.24337 1.38423 1.53945 1.71034 1.89830 2.10485 233164 258043 2.85312 3.15176 3.47855 3.83586 4.22623 465239 5.11726 5.62399 6.17593 6.77667 7.43008 11 12 1.12683 1.26824 1.42576 1.60103 1.79586 2.01220 2.25219 2.51817 2.81266 3.13843 3.49845 3.89598 433452 4.81790 5.35025 5.93603 6.58007 7.28759 8.06424 8.91610 12 13 1.13809 1.29361 1.46853 1.66507 1.88565 2.13293 2.40985 2.71962 3.06580 3.45227 3.88328 436349 4.89801 5.49241 6.15279 6.88579| 7.69868 8.59936 9.59645 10.69932 13 14 1.14947 1.31948 1.51259 1.73168 1.97993 2.26090 2.57853 2.93719 3.34173 3.79750 431044 4.88711 5.53475 6.26135 7.07571 7.98752 9.00745 10.14724 11.41977 12.83918 14 15 1.16097 1.34587 1.55797 1.80094 2.07893 2.39656 2.75903 3.17217 3.64248 4.17725 4.78459 5.47357 6.25427 7.13794 8.13706 9.26552 10.53872 11.97375 13.58953 15.40702 15 16 1.17258 1.37279 1.60471 1.87298 2.18287 2.54035 2.95216 3.42594 3.97031 459497 5.31089 6.13039 7.06733 8.13725 9.35762 10.74800 12.33030 14 12902 16.17154 18.48843 16 17 1.18430 1.40024 1.65285 1.94790 2.29202 2.69277 3.15882 3.70002432763 5.05447 5.89509 6.86604 7.98608 9.27646 10.76126 10.76126 12.46768 14.42646 16.67225 19.24413 22.18611 17 18 1.19615 1.42825 1.70243 2.02582 2.40662 2.85434 3.37993 3.99602471712 5.55992 6.54355) 7.68997 9.02427 10.57517 12.37545 14.46251 16.87895 19.67325 22.90052 26.62333 18 19 1 20811 1.45681 1.75351 2.10685 2.52695 3.02560 3.61653 431570 5.14166 6.11591 7.26334 8.61276 10.19742 10.19742 12.05569 1423177 16.77652 19.74838 23 21444 27.25162 31.94800 19 20 1.22019 1.48595 1.80611 2.19112 2.65330 3.20714 3.86968 4.66096 5.60441 6.72750 8.06231 9.64629 11.52309 13.74349 16.36654 19.46076 23.10560 27.39303 32.42942 38.33760 20 1.28243 1.64061 2.09378 2.66584 3.38635 429187 5.42743 6.84848 8.62308 10.83471 13.58546 17.00006 21.23054 21.23054 26.46192 32.91895 40.87424 50.65783 62.66863 77.38807 95.39622 25 30 1.34785 1.81136 2.42726 324340 4.32194 5.74349 7.61226 10.06266 13.26768) 17.44940 22.89230 29.95992 39.11590 50.95016 66 21177 ] 85.84988 85.84988 111.06465 143.37064 184.67531 237.37631 30 1.41660 1.99989 2.81386 3.94609 5.51602 7.6860910.67658 14.78534 20.41397 28.10244 38.57485 52.7996272.06851 98.10018 133.17552 180.31407 243.50347 327.99729440.70061 590.66823 35 40 1.48886 2.20804 3.26204 4.80102 7.0399910.28572 14.97446 21.72452 31.40942 45.25926 65.00087 93.05097 132.78155 188.88351 267.86355 378.72116 533.86871 750 37834 1,051.66751 1.469.77157 40 1.56481 2.43785 3.78160 5.84118 8.98501 13.76461 21.00245 31.92045 48.32729 72.89048109.53024 163.98760 244.64140 363.67907 538.76927 795.44383 1,170.47941 1,716.68388 2,509.65060 3.657 26199 45 50 1.64463 2.69159 438391 7.10668 11.46740 18.42015 29.45703 46.90161 7435752 117.39085 184.56483 289.00219 450.73593 700.23299 1.083.657441.670.70380 2,566.21528 3.927.35686 5,988.91390 9.100.43815 50 60 1.81670 3.28103 5.89160 10.51963 18.6791932.9876957.94643101.25706 176.03129304.48164524.05724 897 59693 1.530.053472.595.918664,383.998757 370.20137 12,335.3564820,555.1399734,104.9709256,347 51435 60 Periods 1% 2% 3% 4% % 5% 6% 6% 7% 7% 8% 9% 10% 11% 12% 13% 14% % 15% 16% 17% 18% 19% 20% Periods 3: Present Value of $1 Present Value of $1 Periods 1% 2 2% 4 4% 5% 6% 7% % 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 0.84034 0.83333 1 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.78315 0.76947 0.75614 0.74316 0.73051 0.71818 0.70616 0.69444 2 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.59342 0.57870 3 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 0.49867 0.48225 4 5 0.95147 0.90573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 0.59345 0.56743 0.54276 0.51937 0.49718 0.47611 0.45611 0.43711 0.41905 0.40188 5 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 0.38984 0.37043 0.35214 0.33490 6 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.31393 0.29592 0.27908 7 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 0.24867 0.23257 8 9 0.91434 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.33288 0.30751 0.28426 0.26295 0.24340 0.22546 0.20897 0.19381 9 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 0.20804 0.19106 0.17560 0.16151 10 11 0.89632) 0.80426 0.72242 0.64958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.26070 0.23662 0.21494 0.19542 0.17781 0.16192 0.14757 0.13459 11 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31863] 0.28584 0.25668 0.23071 0.20756 0.18691 0.16846 0.15197 0.13722 0.12400 0.11216 12 13 0.87866 0.77303 0.68095 0.60057 0.53032 0.46884 0.41496 0.36770 0.32618 0.28966 0.25751 0.22917 0.20416 0.18207 0.16253 0.14523 0.12989 0.11629 0.10421 0.09346 13 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.18068 0.15971 0.14133 0.12520 0.11102 0.09855 0.08757 0.07789 14 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.15989 0.14010 0.12289 0.10793 0.09489 0.08352 0.07359 0.06491 15 16 0.85282 0.72845 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.14150 0.12289 0.10686 0.09304 0.08110 0.07078 0.06184 0.05409 16 17 0.84438 0.71416 0.60502 0.51337 0.43630 0.37136 0.31657 0.27027 0.23107 0.19784 0.16963 0.14564 0.12522 0.10780 0.09293 0.08021 0.06932 0.05998 0.05196 0.04507 17 18 0.83602 0.70016 0.58739 0.49363) 0.41552 0.35034 0.29586 0.25025 021199 0.17986 0.15282 0.13004 0.11081 0.09456 0.08081 0.06914 0.05925 0.05083 0.04367 0.03756 18 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.09806 0.08295 0.07027 0.05961 0.05064 0.04308 0.03670 0.03130 19 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.08678 0.07276 0.06110 0.05139 0.04328 0.03651 0.03084 0.02608 20 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.233000.18425 0.14602 0.11597 0.09230 0.07361 0.05882 0.04710 0.03779 0.03038 0.02447 0.01974 0.01596 0.01292 0.01048 25 30 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 0.02557 0.01963 0.01510 0.01165 0.00900 0.00697 0.00541 0.00421 30 35 0.70591 0.50003 0.35538 0.25342 0.18129 0.13011 0.09366 0.06763 0.04899 0.03558 0.02592 0.01894 0.01388 0.01019 0.00751 0.00555 0.00411 0.00305 0.00227 0.00169 35 40 0.67165 0.45289 0.30656 0.20829 0.14205 0.09722 0.06678 0.04603 0.03184 0.02209 0.01538 0.01075 0.00753 0.00529 0.00373 0.00264 0.00187 0.00133 0.00095 0.00068 40 45 0.63905 0.41020 0.26444 0.17120 0.11130 0.07265 0.04761 0.03133 0.02069 0.01372 0.00913 0.00610 0.00409 0.00275 0.00186 0.00126 0.00085 0.00058 0.00040 0.00027 45 50 0.60804 0.37153 0 22811 0.14071 0.08720 0.05429 0.03395 0.02132 0.01345 0.00852 0.00542 0.00346 0.00222 0.00143 0.00092 0.00060 0.00039 0.00025 0.000171 0.00011 50 60 0.55045 0.30478 0.16973 0.09506 0.05354 0.03031 0.01726 0.00988 0.00568 0.00328 0.00191 0.00111 0.00065 0.00039 0.00023 0.00014 0.00008 0.00005 0.00003 0.00002 60 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Periods