Calculator 82545 Use the following tables to calculate the present value of a $121,000 o 5%, 6-year bond that pays $6,050 interest annually, if the market rate of interest is 5%. Round to the nearest dollar Present Value of $1 Present Value of Annuity of $1 Periods 5% 6% 7% 10% Periods 79% .95238 94340 93458 90909 95238 94340 93458 90909 .90703 89000 87344 1.83339 1.80802 1.73554 .8638483962 .81630 75131 2.72325 2.67301 2.62432 2.48685 .82270 79209 76290 .68301 3.54595 3.46511 3.38721 3.16987 .783537472671299 62092 4.21236 4.10020 120 3.79079 .7462270496 66634 56447 4.91732 4.76654 4.35526 .71068 66506 .62275 51316 5.78637 5.58238 5.38929 4.86842 .67684 62741 58201 46651 6.463216.20979 5.97130 5.33493 64461 59190 54393 42410 6.80169 6.51523 5.75902 10 .61391 558395083538554 7.36009 7.02358 6.14457 12948 5.07569 Previous Check My Work Save and Exit Submit Assignment for Grading Use the following tables to calculate the present value of a $25,000,7%, five-year bond that pays $1,750 ($25,000 x 7) interest annually, the market rate of interest 10% Present Value of $1 at Compound Interest Periods 5% 6% 79% 0.95238 0.94340 0.93458 0.90703 0.89000 0.87344 0.86384 0.83962 0.81630 0.82270 0.79209 0.76290 0.78353 0.74726 0.71299 0.74622 0.70496 0.66634 0.71068 0.66506 0.62275 0.67684 0.62741 0.58201 0.64461 0.59190 0.54393 0.61391 0.55839 0.50835 0.90909 0.82645 0.75131 0.68301 0.62092 0.56447 0.51316 0.46651 0.42410 0.38554 Present Value of Annuity of $1 at Compound Interest Periods 596 6 % 7 % 104 0.94340 0.90909 1.83339 1.73554 2.48685 3.16987 3.79079 0.95238 1.85941 2.72325 3.54595 4.32948 5.07569 5.78637 6.46321 7.10782 7.72173 0.93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7.36009 4.35526 4.86842 5.33493 5.75902 6.14457 Check My Work