7 Exercise 5-17 (Algo) Price of a bond; interest expense (LO5-9, 5-10) biots Shipped On June 30, 2021. Singleton Computers issued 6% stated rate bonds with a face amount of $200 million. The bonds mature on June 30, 2036 (15 years). The market rate of interest for similar bond issues was 4% (2.0% semiannual rate). Interest is paid semiannually (3.0%) on June 30 and December 31, beginning on December 31, 2021. (FV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of S1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds on June 30, 2021. 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. Book Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 D Print Determine the price of the bonds on June 30, 2021. (Enter your answers in whole dollars. Round percentage answers to one decimal place. Round your final answers to nearest whole dollar amount.) ferences Table values are based on: no Amount Prosent Value Cash Flow interest Principal Price of bonds Reque Required 2 > Required: 1. Determine the price of the bonds on June 30, 2021 2. Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. ebook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print Calculate the interest expense Singleton reports in 2021 for these bonds using the effective interest method. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.) oferences Period.End Cash Interest Bond Interest Pald Expense Premium Amortization Carrying Value 06/30/2021 12/31/2021 0 (Required 1 Required 2 8 Exercise 5-18 (Algo) Solving for unknown annuity payment; installment notes (L05-9,5-10) Don James purchased a new automobile for $27000, Don made a cash down payment of $6.750 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is wailable at a 24% annual interest rate. (E of $1. POLSI, EVA $1. PVA of S1, EVAD of $1 and PVAD of 5) (Use appropriate factor(s) from the tables provided.) Required: Calculate the amount of the required monthly payment. (Do not round Intermediate calculations. Round your final answer to nearest whole dollar amount.) kinoed Boos Monthly payment Hint Print