a. b.

interest rate is 6%, determine the present value of your winnings. Use the present value tables in Exhibit 7 . Round to the nearest whole dollar. Feedback Dheck My Work Present value of bonds payable; premium Moss Co. issued $140,000 of five-year, 13% bonds, with interest payable semiannually, at a market (effective) interest rate of 12%. Determine the present value of the bonds payable using the present value tables in Exhibit 5 and Exhibit 7 . Round to the nearest dollar