7. Interest rates determine the present value of future amounts. (Round to the nearest dollar.) (Click the icon to view Present Value of $1 table.) 2(Click the icon to view Present Value of Ordinary Annuity of $1 table.) 3(Click the icon to view Future Value of $1 table.) 4(Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements Requirement 1. Determine the present value of 10-year bonds payable with face value of $86,000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 14% at issuance. (Round intermediary calculations and final answer to the nearest whole dollar.) Present Value When market rate of interest is 14% annually Requirement 2. Same bonds payable as in requirement 1, but the market interest rate is 16%. (Round intermediary calculations and final answer to the nearest whole dollar.) Present Value When market rate of interest is 16% annually Requirement 3. Same bonds payable as in requirement 1, but the market interest rate is 12%. (Round intermediary calculations and final answer to the nearest whole dollar.) Present Value When market rate of interest is 12% annually Print 1: Reference Periods 1 0 5% 0.952 0.907 0.964 0.923 0.784 0.746 12% 0.893 0.797 0.712 0.836 1% .990 0.980 0.371 0.981 0.951 0.942 0.933 0.923 0.914 0.905 0.896 10% 0.909 0.826 0.751 0.803 0.521 14% 0.877 0.769 0.675 0.592 2% 0.980 0.861 0.342 0.924 0.906 0.888 0.871 0.953 0.937 0.820 0.804 0.788 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.827 0.592 0.558 Present Value of $1 7% 8% 9% 0.935 0.926 0.917 0.873 0.8570.842 0.916 0.794 0.772 0.783 0.735 0.708 0.713 0.581 0.550 0.630 0.596 0.623 0.583 0.582 0.544 0.480 0.508 0463 0.429 0.790 0.760 0.711 0.206 0.500 an 3% 4% 0.971 0.962 0.943 0.925 0.3150.989 0.968 0.955 0.863 0.822 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.561 0.542 0.623 0.605 0.587 0.570 0.554 0.456 0.538 0439 0.522 0.422 0.507 0.406 0.492 0.390 0478 0.375 0.464 0.450 0.437 15% 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.264 0.247 0.215 0.187 0.163 0.141 0.123 0.107 0.093 0.081 0.070 0.061 0.053 0.046 0.040 0.035 0.030 0.026 0.023 0.020 0.743 0417 0.315 0.853 0.458 16% 18% 20% 0.862 0.847 0.833 0.7430.7180.694 0.641 0.609 0.579 0.552 0.516 0.402 0.476 0.437 0.402 0.370 0.335 0.314 0.279 0.233 0.263 0.225 0.194 0.227 0.191 0.162 0.195 0.162 0.135 0.168 0.137 0.112 0.145 0.116 0.093 0.125 0.099 0.078 0.108 0.084 0.065 0.093 0.054 0.080 0.060 0.045 0.069 0.038 0.080 0.043 0.031 0.0151 0.0126 0.044 0.031 0.022 0.038 0.026 0.018 0.033 0.022 0.015 0.028 0.019 0.013 0.016 0.010 0.009 0.007 0.006 0.005 0.0104 0.394 0.371 29 0.371 0.944 0.928 0.339 0.317 0.296 0.936 0416 0.292 0.270 0.250 0.232 0.051 0.396 0.377 0.312 0.182 0.180 0.140 0.123 0.108 0.095 0.003 0.0173 0.064 0.056 0.049 0.043 0.038 0.256 0.215 0.306 0.573 0.160 0.647 0.634 0.522 0.610 0.598 0.820 0.811 0.003 0.795 0.708 0.780 0.239 0.248 0.198 0.180 0.184 0.149 0.125 0.123 0.112 0.102 0.092 0.084 0.183 0.163 0.146 0.130 0.116 0.104 0.093 0.083 0.074 0.066 0.097 0.350 0.342 0.326 0.310 0.295 0.252 0.231 0.212 0.194 0.178 0.164 0.150 0.138 0.126 0.116 0.106 0.098 0.090 0.242 0.226 0.211 0.197 0.184 0.172 0.161 0.150 0.141 0.278 0.262 0.247 0.233 0.220 0.207 0.196 0.165 0.174 0.199 0.184 0.170 0.158 0.146 0.135 0.125 0.116 0.281 0.424 0,097 0.067 0.034 0.054 0.021 2: Reference Print Periods 14% 12% 0.893 16% 0.862 1.605 2.246 18% 0.847 20% 0.833 1.313 1.566 1.528 2.928 2.174 2798 2.106 2.589 2890 3.127 4.580 2.991 5.705 5.801 3.326 3.605 3.937 4.031 4.192 7.129 4.327 6.002 Present Value of Ordinary Annulty of S1 1% 3% 4% 5% 6% 7% 8% 9% 10% 0.990 0.980 0.971 0.362 0.943 0.835 0.826 0.817 0.809 1.970 1.750 1.736 2.941 3.902 3.717 4.853 5417 6.728 6.472 6.230 7.552 7.325 7.020 6.463 8.566 8.162 7.786 7.435 7.108 6.902 6.515 6.247 5.995 5.759 9.471 8.983 8.530 8. 111 7.722 7.360 7.024 6.710 10.368 9.787 9.253 8.760 3.306 7.887 7.499 11255 10.575 9.954 9.3858.963 8.384 7.943 7.536 12.134 11.348 10.835 9.966 9.394 8.953 8.358 7.904 13.004 12.106 11.296 | 10.563 9.999 9.295 8.745 8.244 13.865 12.849 11.938 11.11810.380 9.712 9.108 8.559 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 15.562 14.292 13.166 | 12.166 11 274 10.477 9.763 9.122 16.356 14.992 13.754 12.859 11.890 10.028 10.050 9.372 17.226 15.678 14.324 13.134 12.065 11.158 10.336 9.504 18.046 16.351 14.877 13.590 12.462 11.470 10.504 9.848 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 19.660 17.658 15.937 14.451 13.163 12.042 11.061 10.201 9.442 8.772 20.456 18.252 16.444 14.957 13.469 12.303 11 272 10.371 9.500 8.903 21.243 18.914 16.936 15.247 13.799 12.550 11459 10.529 9.707 8.985 22.023 19.523 17.413 15.622 14.094 12.783 11654 10.675 9.823 9.377 22.796 20.121 17.877 15.983 14.375 13.003 11.826 10.810 9.829 9.161 23.560 20.707 18.327 | 16.330 14.643 13.211 11.997 10.935 10.027 9.237 24.316 21.261 18.764 18.863 14.99 13.406 12.137 11.051 10.118 9.307 25.066 21.844 19.188 16.984 15.141 13.591 | 12.278 11.158 10.198 9.370 25.808 22.396 19.600 17.292 15.372 13.765 12.409 11258 10.2749427 32.835 27.356 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 39.196 31.424 25.730 21.482 | 18.256 | 15.762 13.901 12.233 10.962 9.915 15% 0.870 1.626 2.283 2.955 3.352 3.784 4.160 4.407 4.772 5.019 5.234 5.421 5.503 5.724 5.847 5.954 6.947 6.128 6.198 6.259 6.312 6.359 6.399 6.434 6464 6.491 6.514 8.534 6.551 4.439 4.533 4.611 4.675 4.730 7.845 7.718 7.784 7.843 7.896 7.343 6.743 6.792 6.835 6.873 6.806 6.935 6.961 6.983 7.003 7.105 7.133 4.956 4.964 4.970 4.975 4.979 4.997 4.999 6.566 6.177 8.244 8.304 6.642 6.233 6.861 6.246 3: Reference Print 4% 1.147 15% 1.150 1. 4E 124 1.3LCD 2.1715 24 123 5107 Future Value of $1 | Farinds | | T% | 10% 12% 11.120 | 1.137 | 1.147 | | 1.157 | 1.167 | 1.170 | | 1.182 | 1.110 | 1.127 1. 4.pdb 1. 1 1.182 1.108 1.14] 11.145 1.182 1210 1990 1.161 1.405 1.141 1.54 1.151 1.782 1.162 1.126 1.374 1.17 1.149 2.2 1.163 11 1.134 2.73 1.105 1.15 1.243 3479 | 1.268 3.896 11.138 1.94 1.469 1.986 2.410 3.452 14.363 1.142 1. 39 3.342 3.796 4.987 1.181 1.346 3.342 4.177 5474 1.1% 1.373 4.595 6.130 1.184 6.866 1.196 7.90 1.206 3.313 1.220 1.232 1.242 5.437 6.59 3.5-8 4.146 4.52 5.350 5.153 7.176 1.127 259 7.118 3.137 9.358 fig" 5.845 3.323 wwwww% wwww 4: Reference Print Print Future Value of Ordinary Annuity of $1 Feriods | 68 | T% 10% % | 1.JPG 1.ITCO | 1.ILIP ] 1.1Up] 1.ILC | I.II. 1 1.ILC | 1.IP | 1.III) | I.IMG 1.ITCO | 1.ILIP ] 1.IMG | 2.10 2.1202.130 | 2.140 | 2.150 | 2.76G | 2.17 | 2.180 | 2.190 | 2.110 | 2.120| 2.140 | 2.150 3.130 3.10 | 3.161| 3.122 13.163 | 3.184 | 3.75 3.246| 3.278 | 3.0 | 3.374 | 3.40 | 3.43 4.160 | 4.122 | 4.184 | 4.26] 4.30 | 4.375 | 4.40 | 4.506 | 4.573 4.41 | 14.779 14.321] 4.383 5.101 5.204 5.309 5.476 5.26 5.385 5.105 | 6.353 5.370 | 6.742 6.152 6.305 6.465 3.15 3.754 7.274 7434 10.09 11.37 3286 | 13.73 4.368 | 1046 11.57 12.68 E.945 18.10 17.26 wwwww% % 18.45 Bu 72.05 | 51.42 .76 | 10 | 31.70 | 38.51 | 43.38 | 43.11 | 55.46 | 62.87 | 1.40 | 22.50 60.29 w EHE Eg mm 2.400 5: Requirements 1. 2. 3. Determine the present value of 10-year bonds payable with face value of $86,000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 14% at issuance. Same bonds payable as in Requirement 1, but the market interest rate is 16%. Same bonds payable as in Requirement 1, but the market interest rate is 12%