9. On January 1, Spring Company issued $500,000 par value, 4%, 5-year bonds (i.e., there were 500 $1,000 par value bonds in the issue). Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on July 1. Spring paid $1,000 in underwriting fees. Determine the issue price of the bonds, assuming that the market rate of interest is 6% and prepare the journal entry to record the bond issue under IFRS using the net method. (Click the icon to view the Future Value of $1 2 table.) (Click the icon to view the Future Value of an 4 Ordinary Annuity table.) (Click the icon to view the Future Value of an 6 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.) Determine the issue price of the bonds. (Use the present value and future value tables, the formula method, 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 issue price of the bonds is $ Prepare the journal entry to record the bond issue under IFRS using the net method. (Record debits first, then credits. Exclude explanations from any journal entries.) Account January 1 (3) 1: Future Value of $1 Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 1 1.010001.020001.03000 1.04000 1.05000 1.06000 1.07000 1.08000 1.09000 1.10000 1.11000 1.12000 1.13000 1.14000 1.15000 1.020101.040401.06090 1.08160 1.10250 1.12360 1.14490 1.16640 1.18810 1.21000 1.23210 1.25440 1.27690 1.29960 1.32250 1.030301.06121/1.09273) 1.12486 1.15763 1.19102 1.22504 1.25971 1.29503 1.331001 1.36763 1.40493 1.442901 1.48154 1.52088 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 11.05101|1.10408]1.15927) 1.21665) 1.27628| 1.33823) 1.40255 1.46933 1.538621.61051 1.68506 1.76234 1.84244 1.925411 2.01136 1.061521.126161.19405 1.26532 1.34010 1.41852 1.50073 1.58687 1.67710 1.77156 1.87041 1.97382 2.08195 2.19497 2.31306 1.07214|1.148691.22987 1.31593 1.40710 1.50363 1.60578| 1.71382 1.82804 1.94872 2.07616 2.21068 2.35261 2.50227 2.66002 1.08286|1.17166|1.26677 1.36857 1.47746 1.59385) 1.71819 1.85093 1.99256 2.14359 2.30454 2.47596 2.65844 2.85259 3.05902 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 3.51788 1.104621.21899 1.34392 1.48024 1.62889 1.79085 1.96715 2.15892 2.36736 2.59374 2.83942 3.10585 3.39457 3.70722 4.04556 1.115671.24337 1.38423 1.53945 1.71034 1.89830 2.10485| 2.33164 2.58043 2.85312 3.15176 3.47855 3.83586 4.22623 4.65239 1.126831.268241.42576 1.60103 1.79586 2.01220 2.25219 2.51817 2.81266 3.13843 3.49845 3.89598) 4.33452 4.81790 5.35025 11.13809|1.29361/1.46853) 1.66507) 1.88565 2.13293 2.409851 2.71962 3.06580 3.45227 3.88328 4.36349 4.89801 5.49241 6.15279 1.14947|1,31948|1.51259 1.73168) 1.979932.26090 2.57853) 2.93719 3.34173 3.79750 4.31044 4.88711 5.534751 6.26135 7.07571 1.160971.34587|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 1.17258/1.372791.60471 1.87298 2.18287 2.54035 2.95216 3.42594 3.970311 4.59497 5.31089 6.13039 7.06733 8.13725 9.35762 1.184301.400241.65285 1.94790 2.29202 2.69277 3.15882| 3.70002 4.32763 5.05447 5.89509 6.86604 7.98608 9.27646 10.76126 1.196151.428251.70243 2.02582 2.40662 2.85434 3.37993 3.99602 4.71712 5.55992 6.54355 7.689979.02427 10.57517 12.37545 1.208111.45681/1.75351 2.10685 2.52695 3.02560 3.61653| 4.31570 5.14166 6.11591 7.26334 8.61276 10.19742 12.05569 14.23177 1.220191.485951.80611 2.19112 2.65330 3.20714 3,869684 .660965.60441 6.72750 8.06231 9.64629 11.52309 13.74349 16.36654 1.28243 1.640612.09378 2.66584 3.38635 4.29187 5.42743 6.84848 8.62308 10.83471 13.58546 17.00006 21.23054 26.46192 32.91895 1.34785 1.811362.42726 3.24340 4.32194 5.74349 7.61226 10.06266 13.26768 17.44940 22.89230 29.95992 39.11590 50.95016 66.21177 1.416601.999892.81386 3.94609 5.51602 7.6860910.67658 14.78534 20.41397 28.10244 38.57485 52.79962 72.06851/ 98.10018 133.17552 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 1.564812.437853.78160 5.84118 8.98501 13.7646121.00245 31.92045 48.32729 72.89048/109.5302463.98760 244.64140 363.67907 538.76927 50 1.644632.691594.38391 7.10668 11.46740 18.4201529.45703 46.90161 74.35752 117.39085184.56483 289.00219 450.73593 700.232991,083.65744 60 1.81670 3.281035.89160 10.51963 18.6791932.9876957.94643101.25706 176.03129304.48164 524.05724897.596931,530.053472,595.918664,383.99875 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 2: Present Value of $1 Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 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. 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 0.1 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 0.6 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.: 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 0.4 0.94205 0.88797 0.83748 0.790311 0.74622 0.70496 0.66634/ 0.63017| 0.59627 0.56447 0.53464 0.50663 0.480321 0.45559 0.43233 04 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.: 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. 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 0.1 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. 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 0.214940. 0.88745 0.78849 0.70138/ 0.624601 0.556841 0.496971 0.44401 0.39711/ 0.35553 0.31863 0.28584 0.25668 0.23071 0.20756 0.186911 0. 0.878661 0.77303 0.68095 0.60057 0.53032 0.46884/ 0.414961 0.36770 0.32618 0.28966) 0.25751 0.22917 0.20416 0.18207 0.16253 0. 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. 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. 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. 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. 0.83602 0.70016 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 0.21199 0.17986 0.15282 0.13004 0.11081 0.09456 0.08081 0. 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 0.1 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 0.061100. 0.77977 0.60953 0.47761 0.37512 0.29530 0.23300 0.18425 0.14602 0.11597 0.09230 0.07361 0.05882 0.04710 0.03779 0.03038 0. 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.131370.09938 0.07537 0.05731 0.04368 0.03338 0.02557 0.01963 0.01510 0. 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 0.0 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 0.1 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 0.0 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. 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 0.1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 3: Future Value of an ordinary Annuity Future Value of an ordinary Annuity Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 2.01000 2.02000 2.03000 2.04000 2.05000 2.06000 2.07000) 2.08000 2.09000 2.10000 2.11000 2.12000 2.13000 3.03010 3.06040 3.09090 3.12160 3.15250) 3.18360 3.21490 3.24640 3.27810 3.31000 3.34210 3.374401 3.40690 4.06040| 4.12161 4.18363 4.24646 4.31013) 4.37462 4.43994 4.506111 4.57313 4.64100 4.70973 4.77933 4.84980 5.101011 5.20404 5.30914) 5.41632 5.52563 5.63709 5.75074 5.86660 5.98471 6.10510 6.22780 6.35285 6.48027 6.15202 6.30812 6.46841 6.63298 6.80191 6.97532 7.15329 7.33593 7.52333 7.71561 7.91286 8.11519 8.32271 7.21354 7.43428 7.66246 7.89829 8.14201 8.39384 8.65402 8.922809.20043 9.48717 9.78327 10.08901 10.404661 8.28567 8.58297 8.89234 9.21423 9.54911 9.89747 10.25980) 10.63663 11.02847 11.43589) 11.85943 12.29969 12.75726 9.36853 9.75463 10.15911 10.58280 11.02656 11.49132 11.97799 12.48756 13.02104 13.57948 14.16397| 14.77566 15.41571 110.46221 10.94972 11.46388 12.00611 12.57789| 13.18079| 13.81645 14.48656 15.19293 15.93742 16.72201 17.54874 18.41975 11.56683) 12.16872 12.80780 13.48635 14.20679 14.97164 15.78360 16.64549 17.56029 18.53117 19.56143 20.65458 21.81432 12.68250 13.41209 14.19203 15.02581 15.91713 16.86994 17.88845 18.97713 20.14072 21.38428' 22.71319 24.13313 25.65018 13.80933 14.68033 15.61779 16.62684 17.71298 18.88214 20.14064 21.49530 22.95338) 24.52271 26.21164 28.02911 29.98470 114.94742 15.97394 17.08632| 18.29191 19.59863 21.01507 22.55049 24.21492 26.01919 27.97498 30.09492 32.39260 34.882711 16.09690 17.29342 18.59891 20.02359 21.57856 23.27597 25.12902 27.15211 29.36092 31.77248 34.40536 37.27971 40.41746 117.25786) 18.63929) 20.15688 21.82453 23.65749 25.67253 27.88805 30.32428 33.00340 35.94973 39.18995 42.75328 46.67173 18.43044 20.01207 21.76159 23.69751 25.84037 28.21288 30.84022 33.75023 36.97370 40.54470 44.50084 48.88367 53.73906 ! 19.61475 21.41231 23.41444 25.64541 28.13238 30.90565 33.99903) 37.45024 41.30134 45.59917 50.39594 55.74971 61.72514 20.81090 22.84056 25.11687 27.67123 30.53900 33.75999 37.37896 41.44626 46.01846) 56.93949 63.43968 70.749411 22.01900 24.29737 26.87037 29.77808 33.06595 36.78559 40.99549 45.76196 51.16012 57.27500 64.20283 72.05244 80.94683 28.24320 32.0303036.45926 41.64591 47.72710 54.86451 63.24904 73.10594 84.70090 98.34706 114.41331 133.33387 155.61956 12 34.78489 40.56808) 47.57542 56.08494 66.43885 79.05819 94.46079 113.28321 136.30754 164.49402 199.02088 241.33268 293.19922 3! 41.66028 49.99448 60.46208) 73.65222 90.32031 111.43478 138.23688 172.31680 215.71075 271.02437 341.58955 431.66350 546.68082 6! 48.88637 60.40198 75.40126 95.02552 120.79977 154.76197 199.63511 259.05652 337.88245 442.59256 581.82607 767.09142 1,013.70424 1,34 45 56.48107 71.89271 92.71986|121.02939159.70016212.74351 285.74931 386.50562 525.85873 718.90484) 986.638561,358.23003 1,874.16463) 2,59 50 64.46318 84.57940112.79687152.66708/209.34800290.33590 406.52893 573.77016 815.083561,163.908531,668.771152,400.01825 3,459.50712 4,99 60 61.669671 14.05154 163.05344237.99069 353.58372533.12818|813.520381,253.213301,944.792133,034.816404,755.065847,471.64111 11,761.9497918,5: Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% Wash 4: Present Value of an Ordinary Annuity Present Value of an Ordinary Annuity Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 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 0.8 1.97040 1.94156 1.91347 1.88609 1.85941 1.83339 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.66810 1.64666 1.62571 1.6 2.94099 2.88388 2.82861) 2.77509 2.72325 2.67301 2.62432) 2.57710 2.53129 2.48685 2.44371 2.40183 2.36115 2.32163 2.28323 2.: 3.90197 3.80773 3.71710 3.62990 3.54595 3.46511 3.38721 3.31213 3.23972 3.16987 3.10245 3.03735 2.97447 2.91371 2.85498 2. 4.85343| 4.71346 4.57971 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.51723 3.43308 3.35216 3.1 5.79548 5.60143 5.41719 5.24214 5.07569 4.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.99755 3.88867 3.78448 3.6 6.72819 6.47199 6.23028 6.00205 5.78637 5.58238 5.38929 5.20637 5.03295 4.86842 4.712204.56376 4.42261 4.28830 4.16042 4.1 7.65168 7.32548 7.01969 6.73274 6.46321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.79877 4.63886 4.48732 4. 8.56602 8.16224 7.78611 7.43533 7.10782 6.80169 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 5.13166 4.94637 4.77158 4.6 9.47130 8.98259 8.53020 8.11090 7.72173 7.36009 7.02358 6.71008 6.417666.14457 5.88923 5.65022 5.42624 5.21612 5.01877 4.& 10.36763 9.78685 9.25262 8.76048 8.30641 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 5.68694 5.45273 5.23371 5.0 11.25508 10.57534 9.95400 9.38507 8.86325 8.38384 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.91765 5.66029 5.42062 5. 12.13374 11.34837 10.63496 9.98565 9.39357 8.85268 8.35765 7.90378 7.48690 7.10336 6.74987 6.42355 6.121815.84236 5.58315 5.: 13.00370 12.10625 11.29607 10.56312 9.89864 9.29498 8.74547 8.24424 7.78615 7.36669 6.98187 6.62817 6.30249 6.00207 5.72448 5.4 13.86505 12.8492611.93794 11.11839 10.379669.71225 9.107918.55948 8.06069 7.60608 7.19087 6.810866.46238 6.14217 5.84737 5. 14.71787 13.57771 12.56110 11.65230 10.83777 10.105909.44665 8.85137 8.31256 7.82371 7.37916 6.97399 6.60388 6.26506 5.95423 15.5622514.29187 13.1661212.16567 11.27407 10.47726 9.76322 9.12164 8.54363 8.02155 7.54879 7.11963 6.72909 6.37286 6.04716 5.1 16.39827 14.9920313.75351 12.65930 11.68959 10.82760 10.05909 9.37189 8.75563 8.20141 7.701627.24967 6.83991 6.46742 6.12797 5. 17.22601 15.67846 14.32380 13.13394 12.08532 11.15812 10.33560 9.60360 8.95011 8.36492 7.839297.36578 6.93797 6.55037 6.19823 5.3 18.04555 16.3514314.87747 13.59033 12.46221 11.46992 10.59401 9.81815 9.12855 8.51356 7.96333 7.46944 7.02475 6.62313 6.25933 5.9 22.0231619.52346 17.41315 15.62208 14.09394 12.7833611.65358 10.67478 9.82258 9.07704 8.42174 7.84314 7.32998 6.87293 6.46415 6. 25.80771 22.3964619.60044 17.29203 15.37245 13.76483 12.40904 11.25778 10.27365 9.42691 8.69379 8.05518 7.49565 7.00266 6.56598 6. 29.40858|24.99862 21.48722 18.66461 16.37419 14.49825 12.9476711.65457 10.56682 9.64416 8.85524 8.17550 7.58557 7.07005 6.61661 6.1 32.83469 27.35548 23.11477 19.79277 17.15909 15.04630 13.33171 11.92461 10.75736 9.77905 8.95105 8.24378 7.63438 7.10504 6.64178 6.1 36.09451 29.49016|24.51871 20.72004 17.77407 15.45583 13.60552 12.10840 10.881209.86281 9.00791 8.282527.660867.12322 6.65429 6.1 39.19612 31.4236125.72976/21.48218 18.2559315.76186|13.80075 12.23348 10.961689.91481 9.04165) 8.30450 7.67524 7.132666.66051 6.1 44.95504 34.7608927.67556 22.6234918.92929 16.16143 14.0391812.37655 11.04799 9.96716 9.073568.32405 7.68728) 7.14011 6.66515 6.1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 5: Future Value of an Annuity Due Future Value of an Annuity Due Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 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 2.03010 2.060401 2.09090 2.12160 2.15250 2.18360 2.21490 2.246401 2.278108 2.31000l 2.34210 2.37440) 2.40690 3.060401 3.121611 3.18363 3.24646 3.31013 3.37462 3.43994 3.506111 3.57313 3.641001 3.70973 3.77933) 3.84980 4.10101 4.20404 4.30914 4.41632) 4.52563 4.63709 4.750741 4.86660 4.98471 5.10510 5.22780 5.35285 5.48027 5.15202 5.30812 5.46841 5.63298 5.80191 5.97532 6.153296.33593 6.52333 6.715611 6.91286 7.115197.32271 6.21354 6.43428 6.66246 6.89829 7.14201 7.39384 7.65402 7.92280 8.20043 8.48717 8.78327 9.08901 9.40466 7.28567 7.58297 7.89234 8.21423 8.549111 8.89747 9.25980) 9.63663 10.028471 10.435891 10.85943) 11.29969 11.757261 8.36853 8.75463 9.15911 9.58280 10.02656 10.49132 10.97799| 11.48756 12.02104 12.57948 13.16397 13.77566 14.41571 9.46221| 9.94972 10.46388 11.00611 11.57789| 12.18079 12.81645 13.48656 14.19293 14.93742 15.72201 16.54874 17.41975 10.56683 11.16872 11.80780 12.48635| 13.20679 13.97164 14.78360 15.64549 16.56029 17.53117 18.56143 19.65458 20.81432 111.68250 12.41209 13.19203 14.02581/ 14.91713 15.86994) 16.88845 17.97713 19.140721 20.384281 21.71319 23.13313 24.65018 12.80933) 13.68033 14.61779 15.62684 16.71298 17.88214 19.14064 20.495301 21.95338) 23.52271! 25.21164 27.02911 28.98470 113.94742 14.97394 16.08632 17.29191) 18.59863 20.01507) 21.55049 23.21492 25.01919 26.97498] 29.09492 31.39260 33.88271 15.09690 16.29342 17.59891 19.02359 20.57856 22.27597 24.1290226.15211 28.36092 30.77248 33.40536 36.27971 39.41746 16.25786 17.63929 19.15688 20.82453 22.65749 24.67253 26.88805 29.32428 32.00340 34.94973 38.18995 41.75328 45.67173 117.43044 19.01207) 20.76159 22.69751 24.84037 27.21288 29.84022 32.75023/ 35.97370 39.54470 43.50084 47.88367 52.73906 18.61475 20.41231 22.41444 24.64541 27.13238 29.90565 32.99903 36.45024 40.30134 44.59917 49.39594 54.74971 60.725141 19.81090 21.84056 24.11687 26.67123 29.53900 32.75999 36.378961 40.44626 45.01846 50.15909 55.93949 62.43968 69.74941 k1.019001 23.297371 25.87037 28.77808 32.06595 35.78559 39.99549 44.76196 50.16012 56.27500 63.20283 71.05244 79.94683 22.23919 24.78332 27.67649 30.96920 34.71925 38.99273 43.8651849.42292 55.76453 63.00250 71.26514 80.69874 91.46992 11 28.52563 32.6709137.55304 43.31174 50.11345 58.15638 67.67647 78.95442 92.32398 108.18177 126.99877 149.33393 175.85010 21 35.13274 41.37944 49.00268 58.32834 69.76079 83.80168101.07304 122.34587 148.57522 180.94342 220.91317 270.29261 331.31511 41 142.07688) 50.99437 62.27594 76.59831 94.83632 118.12087147.91346 186.10215 235.12472 298.12681 379.16441 483.46312 617.74933 7 40 49.37524 61.61002 77.66330 98.82654 126.83976164.04768213.60957 279.78104 368.29187) 486.85181 645.82693 859.14239 1,145.48579 1,5: $7.04589 73.33056 95.50146|125.87057 167.68516 225.50812305.75176 417.42607 573.18602 790.79532|1,095.16880 1,521.21764 2,117.80603 2,99 15.10781 86.27099 116.18077158.77377|219.81540 307.75606434.98595 619.67177 888.44108 1,280.29938|1,852.335982,688.02044 3,909.24304 5,6 $2.48637|116.33257167.94504247.51031 371.26290565.11587 870.466811,353.470362,119.823423,338.298035,278.12308|8,368.2380513,291.00327|21,1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 6: Present Value of an Annuity Due Present Value of an Annuity Due ]Periods | _1M _24 _3% _4%|_s4_64 _14 _8% _s4_10 _11% 129_134_149_154_ 1 . 00000 ]10000 [ 1 . 0000 1000 [10000 [ 1 . 000 1 . 00000 ]10000 [10000 [ 1 . 0000 ] ] 1 . 0000 1 . 00000 ] 1 . 0000 ] 1 . 00000 1 . 0000 / 1 1.99010 1.98039[ 1.970870 1.96154 1.95238 1.94340[ 1.93458/_ 1.92593[ 1.91743| 1.90909| 1.90090/ 1.89286[ 1.88496 1.87719[ 1.86957 1. 297040| 294156| 29147\ 288609[ 285941] 283339[ 280802/278326| 275911[ 273554[ 271252[ 2690052.66810| 264666| 262571[ 2. 3.94099] 3,88388/ _3.82861[ 3,77509[ 3,72325[ 3.67301[ 3.62434 3.57710[ 3.53129/ 3.48685[ 3,44371[ 3.40183[ 3.36115[ 3.32163[ 3.283231 3. 4.90197[ 4.80773/ 4,71710[ 4.62990[ 4,54595[ 4.46511] 4.38721' 4.31213[ 4.23972 4,16987 4,10245/4.03735[ 3,97447 3,91371[ 3,85498| 3. 5.85343 5:71346[ 5.57971[ 5.45182[ 5.32948' 5.21236[ 5.10020] 4.99271[ 4.88965/ 4.79079[ 4.69590, 4.60478; 4.51723 [ 443308| 4.35216[ 4. 6 , 79548 [ 6 , 60143 [ 6 , 41719 ] 6 . 242141 6 . 07569_ ] 5 . 91732 ] 5 : 76654 ( 5 . 62288 ] 5 . 48592 , 5 . 35528 ' 5 . 23054 5 , 11141 ] ] 4 , 99755 ] 4 , 88867 4 , 78448 | 4 ' 7,72819 7.47198 7.23028/_7.00205[ 6.78637\_6.58238_6.38929/_6.20537\ _6.03295, 5.86842[ 5.71220] 5.56376[ 5,42261[ 5.28830[ 5.16042 8.65168_8.32548 8.01959[ 1:732747.46321[7.20979[ 6.97130, 6.74664_6.53482_6.33493[ 6.14612! 5.96764[ 5:79877, 5.63886[ 5.48732 5. _9.566029.16224 8,78611]_8.43533] 8.10782_7.80169[ 1:51523] 7.24689[ 6.99525|_6.75902[ 6,53705] 6.32825[ 6,13166/s5:94637[ 5:77158 5. 1047130, 9.98259[ 9:53020, 9.11090[ 8.72173[ 8.36009[ 8:02358 1.7108 1.41766[ 7:14457\ 6.88923, 6.65022[ 6.42624 6.21612 6.01877 5. 11.36763|10.78685/10.252621_9.76048] 9.306410_8.88687\ 8.498678.1389607.8051974950601.20652 6.93770[ 6.68694) 6.45273[ 6.23371[ 6. 12.25508'11.57534[10:95400' 10,38507[ 9.86325[ 9.38384[ 8.94269[ 8.53608/_8.16073, 7.81369[ 7,49236, 7,19437\ 6,91765[ 6,86029/ 6:42062 6. 13 . 13374 , 12 . 34837 / 11 . 63496 . 10 . 98565 / 10 . 39357 , 9 . 85268 [ 9 . 35765 ] 8 . 90378 | 8 . 48690 ( 8 . 10336 |749871 7 . 42355 ] 7 , 12181 ] 6 . 84236 ] 6 . 58315 14.00370] 13.10625/12.29607\ 11.56312/10.89864, 10.29498| 9.74547/ 9.24424) 8.78615 8.36669| 7.98187| 7.62817| 7.30249| 7.00207[ 6.72448] 6. 14.86505[ 13.84926/12:93794, 12.11839[ 11:37966/10.71225[10.10791[ 9:55948] 9.06069 8.60608| 8,19087| 7.81086[ 7,46238 1.142170 6,84737_6. 15.71787) 14.57771[13.56110[ 12:65230] 11.8377\11.10590/10.44665, 9.85137| 9.31256, 8.82371[ 8.37916 7.97399| 1.60388| 7.26506, 6.95423 6. 16.56225[15.29187\14.16612/1316567'12.27407\11.47726/10.7632210.12164[ 9.54363/ 9,02155! 8,54879[ 8,11963[ 7,72909[ 7:37286[ 7:04716[ 6. 17.39827/15.99203[ 14,75351[ 13.659301268959[ 11.82760|11.05909/10.37189_9.755639.20141] 8,70162[ 8,24967| 7.83991] 7,467427.12797/ 18.22601[ 16,67846|15.32380] 14.13394[ 13.08532 12:15812|11.33560] 10.60360| 9.95011[ 9.364921 8.83929[ 8.36578| 7.93797| 7.55037| 7.19823/ 22.24339[ 19.91393[17.9355416.24696] 14.79864 13.55036/12/46933| 11.52876/10.70661 9.98474) 9.34814 8.78432 8.28288| 7.83514) 7.43377 26 . 0657922 . 84438 / 20 : 1884517 . 98371 ] 16 . 14107 / 14 , 59072113 . 27767 / 1215841 11 . 19828| , 10 . 36961 9 . 65011 ] ] 9 . 02181 8 . 47009 | ] 1 . 98304 7 . 55088 ! 7 | ]29.7026725.49859[22.13184119.41120/17,19290'15.36814/13.8540111258693/11:51784/10.60857] 9.82932, 9.15656/_8.57170] 8.05985[7.60910/1. 33 . 16303 / 27 . 90259 ] 23 . 8082220 . 58448 | 18 . 01704 ] 1594907 14 . 26493 , 12 . 87858 | 11 . 12552 ] 10 , 75696 [ 9 . 93567 , 9 . 23303 8 . 62684 [ 8 . 09975 1 . 63805 1 ] 36 . 45545 , 30 . 0799625 . 2542721 . 54884 18 . 66277 . \ 16 . 3831814 . 55791 ] 13 . 07707 11 . 86051| 10 . 84909| 9 . 99878 ] 9 . 276421 | 8 . 65678 8 . 12047 | 7 . 65244 | 39.588080320520826.50166/2234147/19,18872716.70757]14.76680013.21216[11.94823[10.90630'10.03624[ 9.30104[ 8.673024_8.13123[ 7,65959[ 1. 45,40459/35.45610/28.5058323.52843/19.87575/17.13111[15.0219213.36668.12.04231]10.96387/10.07165, 9.32294] 8.68663[ 8.139727.6649217. 1M _24 _344% _s4 _6% _T _8% _98 10411% 129 _134_149_154 ]Periods 1