at issuance. $($Round all currency amounts to the nearest whole dollar.$)$

$EE($Click the icon to view Present Value of $$1$ table.$),($Click the icon to view Present Value of Ordinary Annuity of $$1$ table.$)$

$($Click the icon to view Future Value of $$1$ table.$)$

$($Click the icon to view Future Value of Ordinary Annuity of $$1$ table.$)$

The present value of the bonds at issuance amounts to