Denzel Corporation is planning to issue bonds with a face value of $680,000 and a coupon rate of 7.5 percent. The bonds mature in 8 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this year. Denzel use the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of S1, PV of S1, FVA of \$1, and PVA of \$1) Note: Use oppropriate foctor(s) from the tobles provided. Required: 1. and 2. Prepare the journal entries to record the issuance of the bonds and interest payment on June 30 of this year. 3. What bonds payable amount will Denzel report on its June 30 balance sheet? Complete this question by entering your answers in the tabs below. 1. and 2. Prepare the journal entries to record the issuance of the bonds and interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Round your final answers to whole dollars, Journal entry worksheet Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the interest payment on June 30 using effective-interest amortization. Note: Enter debits before credits. Future Valse of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periads & 1.0s & 2.05 & 2.05 & & 4.os & 4.255 & 5.0s & 3.0s & 1.0% \\ \hline 1 & 1.01000 & 1.02000 & 103000 & 103750 & 104500 & 104750 & 105000 & 106000 & 1.07000 \\ \hline 2 & 1.02010 & 1.04060 & 1.06090 & toreat & coares & 1.08691 & 1.10050 & 1.12350 & 1.14490 \\ \hline 3 & 1.03030 & 1.06121 & 1.08273 & 1116 & 112436 & 113300 & 1.15763 & 1,19102 & 1.22504 \\ \hline 4 & 1.04060 & 100203 & 1.12855: & t.sast & & 1.88115 & 1.21551 & 1.26248 & 131080 \\ \hline 5 & 1.05101 & 1.10408 & 1.15927 & 1.20210 & 121645 & 123135 & 1.27628 & 133823 & 1.40255 \\ \hline 6 & 1.05152 & 1,12616 & 1.19405 & 1.297ts & 16512 & 1.28064 & 1.34010 & 1.41352 & 150073 \\ \hline , & 107214 & 1.14069 & 122857 & 129395 & 2.31593 & 133e24 & 1.40710 & 150363 & 1.60578 \\ \hline 8 & 108286 & 1.1766 & 1265n & 134207 & 134457 & 139511 & 1.47745 & 159385 & \\ \hline 9 & 1.00369 & 1.19500 & 1.3047 & 139231 & 1.42331 & 1.45440 & 1.55133 & 166948 & 1.83846 \\ \hline 10 & 1.10462 & 1.21899 & 130992 & 1.44304 & 1 anoge & 151621 & 1.62889 & troos & 1.96715 \\ \hline \end{tabular} Future Valse of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periods & 1.08 & 2.0s & 3.0s & 2.735 & 4m & 6.25s & 5.0s & 5.0s & 7.0% \\ \hline 11 & 211567 & 124397 & 138423 & & trages & 159065 & 1.71034 & 1.89830 & 2.10485 \\ \hline 12 & 1.12683 & 1.26824 & & 155565 & 1.tonos & & 179sas & 201220 & 2.25219 \\ \hline 13 & 1.11000 & 1.29361 & 1. 4bas3 & 1.6137 & tessor & 1717as & 1 asses & 213293 & 2.409 s \\ \hline 14 & 1.14947 & 1.31948 & 151255 & 167430 & 68 & 1.79097 & 1.97993 & 226090 & 2.57853 \\ \hline 15 & 1.16097 & 1.34587 & 1.55797 & inses & 1030654 & 1.ste9 & 207693 & 239656 & 2.75903 \\ \hline 16 & & 1.3mm & 16047 & 1.90m & 1mma & 19063 & 2.10287 & 254035 & 295216 \\ \hline 17 & 1. 18630 & 1.40024 & 1652es & 1.06se1 & 19470 & 202005 & 229202 & 269277 & 3.15832 \\ \hline 18 & 1.19615 & 1.42825 & 1.70243 & 1.935s & 202502 & 211523 & 240662 & 2.85434 & 33993 \\ \hline 19 & 1.20811 & 1.45681 & 1.75351 & 201268 & 2.0645 & 2.20519 & 252695 & 302560 & 361653 \\ \hline 20 & 122015 & 1.465\%5 & 180611 & 204815 & 219112 & 2 xest & 2.65330 & 320714 & 1.16568 \\ \hline 25 & 128703 & 1.64061 & 20037 & 251017 & 2 ceses & 230075 & 338635 & 4.9187 & 5.42743 \\ \hline 30 & 1.34765 & 1.81136 & 242725 & 30174 & & 3.40564 & 4.32194 & 5.74349 & 2.61226 \\ \hline \end{tabular} Future Value of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Periade & a.os & 9.06 & 10.05 & 11.08 & 12.05 & 13.0x & ti.os & 15.0s & 20.0s & 25.0N \\ \hline 1 & 1.00000 & 1.00000 & 1.10000 & 1,11000 & 112000 & 1,13000 & 1.14000 & 1.15000 & 1.20000 & 1.25000 \\ \hline 2 & 1.16540 & 1,12810 & 1.21000 & 1.22210 & 125400 & & 1.29%60 & 1.32250 & 2.44000 & 1.56250 \\ \hline 3 & 1.25971 & 1.29503 & 13100 & 1.36763 & tas433 & tanso & t.at154 & 1.52003 & ln300 & 1.9531 \\ \hline 4 & 1.36049 & 1.41158 & 1.46410 & 1.51007 & 15ns? & 160047 & & 1.74901 & 2.07360 & 244141 \\ \hline 5 & 1.46933 & 1.53062 & 1.61051 & 168506 & & & & 201136 & 24sin2 & 305176 \\ \hline 6 & 1.5ass7 & 1.6m10 & 1 miss & & 19na? & 200155 & 2. 19497 & 231306 & 294588 & 3.81470 \\ \hline , & 171382 & 182004 & 1.94kn & 200616 & 221068 & 235261 & 2sem & 2.66002 & 358318 & 4.7639 \\ \hline 8 & 1.85093 & 199756 & 214359 & 230454 & 247 ses & 2 ssaet & 2 asaso & 305902 & 4.79sa? & 5.96045 \\ \hline 9 & 1.99000 & 217189 & 2357% & 2.55804 & 2nsoe & 3.00034 & 325195 & 251768 & 5.15978 & 7,45058 \\ \hline 10 & 215392 & 2.35736 & 259374 & 283542 & 3 iosas & 339457 & 30m & 404556 & 6.19174 & 931323 \\ \hline \end{tabular} Future Vabse of $1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Perieda & s.es & 2.05 & 10.0s & 11.08 & 12.0s & 12.0s & 1408 & 15.0N & 20.0s & 25.0s \\ \hline 11 & 2.33164 & 2.58043 & 285312 & 315176 & 3 evess & 323586 & 42spz & 4.65239 & 7,43008 & 11.64153 \\ \hline 12 & 251817 & 281265 & 3 13ex & 3.49045 & ansse & 4.33452 & 481790 & 5.35025 & 891610 & 1455192 \\ \hline 13 & 271962 & 306580 & 3.452m & 3k8m2s & 43830 & A aseot & 5.45241 & 6.15279 & 10.69932 & 18. 18989 \\ \hline 14 & 2.93719 & 3.34173 & 379750 & 431044 & & 553473 & 6.25135 & 7.07571 & 1283918 & 22.73737 \\ \hline 15 & 3.17217 & 2.64248 & 4.17ms & 478459 & 541357 & 6.25427 & 7.137se & 8.13705 & 15.40702 & 28.42171 \\ \hline 16 & 342594 & 397031 & 459es? & 531089 & 613019 & 206733 & e13ns & 9.35762 & 18.48543 & 3552714 \\ \hline 17 & 3.70002 & 4.32763 & 5.05407 & 5.89509 & 506604 & 7.50608 & 9.27646 & 10.76126 & 2218611 & 44.40892 \\ \hline 18 & 3.99602 & 4.71712 & 5.55992 & 5s435s & 2.sass? & 208027 & 10.57517 & 12.37545 & 2562333 & 55.51115 \\ \hline 19 & 4.31570 & 5.14166 & 6.11591 & 7.26334 & 861276 & 10. 19742 & 1205569 & 14.23177 & 31.94800 & 6938394 \\ \hline 20 & 4.66096 & 560441 & 672750 & 806231 & s.6ens & 11.52309 & 127049 & 16.36654 & 38.33760 & 86.73617 \\ \hline 25 & 6.84848 & 8.62308 & 108367 & 1358545 & 1700006 & 21.23054 & 25.46192 & 32.91895 & 95.39622 & 26469780 \\ \hline 30 & 1006266 & 13.26768 & 17.44940 & 2289230 & 2995992 & 3911590 & 5095016 & 66.21177 & 237.37631 & 807.79357 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{11}{|c|}{ Present Value of $1} \\ \hline Periods & 1.0N & 2.0s & 3.0% & \multicolumn{2}{|l|}{3.75%} & 6.0% & 4.25% & 5.0% & 6.0s & 7.0s \\ \hline 1 & 0.99010 & 0.99039 & 0.97087 & \multicolumn{2}{|l|}{0.96385} & 0.96154 & 0.95923 & 0.95238 & 094340 & 0.93458 \\ \hline 2 & 0.98030 & 0.96117 & 0.94260 & \multicolumn{2}{|l|}{0.92902} & 0.92456 & 0.92013 & 0.90703 & 0.89000 & 0.87344 \\ \hline 3 & 097059 & 0.94232 & 091514 & \multicolumn{2}{|l|}{0.89544} & 0.88900 & 0.88262 & 0.86384 & 0.83962 & 0.81630 \\ \hline 4 & 0.96098 & 0.92385 & 0.88849 & \multicolumn{2}{|l|}{0.85307} & 0.85480 & 0.84663 & 0.82270 & 0.79209 & 0.76290 \\ \hline 5 & 0.95147 & 0,90573 & 0.86251 & \multicolumn{2}{|l|}{0.83+88} & 0.82193 & 0.81212 & 0.78353 & 0.74726 & 0.71299 \\ \hline 6 & 0.94205 & 0.88797 & 0.83748 & 0.80181 & & Q.79031 & 0.77901 & 0.74622 & 0.70496 & 0.06634 \\ \hline 7 & 0.93272 & 0.87056 & 0.81309 & 0.77283 & & 0.75992 & 0.74725 & 0.71068 & 0.66506 & 0.62275 \\ \hline 8 & 0.92343 & 0.85349 & 0.78941 & 0.74490 & & 0.73059 & 0.71679 & 0.67684 & 0.62741 & 0.58201 \\ \hline 9 & 0.91434 & 0.83676 & 0.76642 & 0.71797 & & 0.70259 & 0.68757 & 0.64461 & 0.59190 & 0.54393 \\ \hline 10 & 090529 & 0.82035 & 0.74409 & 0.69202 & & 0.67556 & 0.65954 & 0.61391 & 0.55839 & 0.50835 \\ \hline Present & tue of $1 & & & & & & & & & \\ \hline Periods & 1.0w & 2.0N & 3.0% & 3.25% & & 6.0% & 4.258 & 5.0% & 6.0s & 7.0% \\ \hline 11 & 0.89632 & 0.80426 & 0.72242 & 0.66701 & & 0.64958 & 0.63265 & 0.58463 & 0.52679 & 0.47509 \\ \hline 12 & 0.88745 & 0.78849 & 0.70138 & 0.64290 & & 0.52460 & 0.60685 & 0.55684 & 0.49697 & 0.44401 \\ \hline 13 & Q.76 6 & 0.77303 & 0.68095 & 0.61966 & & 0.60057 & 0.53212 & 0.53032 & 0.46834 & 0.41496 \\ \hline 14 & 0.86996 & 0.75788 & 0.65112 & 0.59726 & & 0.57748 & 0.55839 & 0.50507 & 0.44230 & 0.38782 \\ \hline 15 & 0.86135 & 0.74301 & 0.64186 & 0.57568 & & 0.55526 & 0.53562 & 0.48102 & 0.41727 & 036245 \\ \hline 16 & 0.85282 & 0.72845 & 0.62317 & 0.55487 & & 0.53391 & 0.51379 & 0.45811 & 0.39365 & 0.33873 \\ \hline 17 & 0.84438 & 0.71416 & 0.60502 & 0.53481 & & 0.51337 & 0.49284 & 0.43630 & 0.37136 & 0.31657 \\ \hline 18 & 0.83602 & 0.70016 & 0.58739 & 0.51548 & & 0.49953 & 0.47275 & 0.41552 & 0.35034 & 0.29586 \\ \hline 19 & 0.82774 & 0.68643 & 0.57029 & 0.49685 & & 0.47464 & 0.45348 & 0.39573 & 0.33051 & 0.27551 \\ \hline 20 & 0.81954 & 0.67297 & 0.55368 & 0.47389 & & 0.45639 & 0.43499 & 0.37689 & 0.31180 & 0.25842 \\ \hline 25 & 0.7nn & 0.60053 & 0.47761 & 0.39838 & & 0.37512 & 0.35326 & 0.20530 & 0.23300 & 0.18425 \\ \hline 30 & 0.74192 & 0.55207 & 0.41199 & 0.33140 & & 0.30032 & 0.28689 & 0.23138 & 0.17411 & 0.13137 \\ \hline Present & lue of \$1 & & & & & & & & & \\ \hline Perieds & a.os & 9.0K & 10.0% & 11.0s & 12.06 & 13.0% & 14.015 & 15.04 & 20.014 & 25.0s \\ \hline 1 & 0.92593 & 0.91743 & 0.90909 & 0.90090 & 0.89286 & 0.88496 & 0.87719 & 0.86957 & 0.83333 & 0.80000 \\ \hline 2 & 0.85734 & 0.84168 & 0.82645 & 0.81162 & 0.79719 & 0.78315 & 0.76947 & 0.75614 & 0.69444 & 0.64000 \\ \hline 3 & 0.79383 & 0.77218 & 0.75131 & 0.73119 & 0.71178 & 0.69305 & 0.67497 & 0.65752 & 0.57870 & 0.51200 \\ \hline 4 & 0.73503 & 0.70543 & 0.68301 & 0.65873 & 0.63552 & 0.51332 & 0.59208 & 0.57175 & 0.48225 & 0.40960 \\ \hline 5 & 0.68058 & 0.64993 & 0.62092 & 0.59345 & 0.56743 & 0.54276 & 0.51937 & 0.49718 & 0.40188 & 0.32768 \\ \hline 6 & 0.63017 & 0.59627 & 0.56447 & 0.53464 & 0.50663 & 0.48032 & 0.45559 & 0.43233 & 0.33490 & 0.26214 \\ \hline 7 & 0.58349 & 0,54703 & 0.51316 & 0.48166 & 0.45235 & 0.42506 & 0.39954 & 0.37594 & 0.27908 & 0.20972 \\ \hline 8 & 0.54027 & 0.50187 & 0.46651 & 0.43393 & 0.40385 & 0.37616 & 0.35056 & 0.32690 & 0.23257 & 0.1677 \\ \hline 9 & 0.50025 & 0.46043 & 0.42410 & 0.39092 & 0.36061 & 0.33288 & 0.30751 & 0.28426 & 0.19381 & 0.13422 \\ \hline 10 & 0.46319 & 0.42241 & 0.38554 & 0.35218 & 0.32197 & 0.29459 & 0.26974 & 0.24718 & 0.16151 & 0.1073 \\ \hline Present & ve of $1 & & & & & & & & & \\ \hline Periods & 8.0% & 9.0% & 10.0N & 11.0 & 12.0s & 13.05 & 14.05 & 15.0s & 20.015 & 28.015 \\ \hline 11 & 0.42888 & 0.38753 & 0.35049 & 0.31728 & 0.28748 & 0.26070 & 0.23662 & 0.21494 & 0.13459 & 000590 \\ \hline 12 & 0.39711 & 0.35553 & 0.31863 & 0.23584 & 0.25668 & 0.23071 & 0.20756 & 0.18691 & 0.11216 & 0.06872 \\ \hline 13 & 0.36770 & 0.32618 & 0.28966 & 0.25751 & 0.22917 & 0.20416 & 0.18207 & 0.16253 & 0.09346 & 0.05498 \\ \hline 14 & 0.34046 & 0.29925 & 0.26333 & 0.23199 & 0.20462 & 0.18068 & 0.15971 & 0.14133 & 007789 & 004398 \\ \hline 15 & 0.31524 & 0.27454 & 0.23939 & 0.20900 & 0.18270 & 0.15989 & 0.14010 & 0.12289 & 0.06491 & 0.03518 \\ \hline 16 & 0.29189 & 0.25187 & 0.21763 & 0.18829 & 0.16312 & 0.14150 & 0.12289 & 0.10685 & 0.05409 & 0.02815 \\ \hline 17 & 0.27027 & 0.23107 & 0.19784 & 0.16963 & 0.14564 & 0.12522 & 0.10780 & 0.09293 & 004507 & 0.02252 \\ \hline 18 & 0.25025 & 0.21199 & 0.17966 & 0.15282 & 0.13004 & 0.11081 & 0.09456 & 0.08081 & 0.03756 & 001801 \\ \hline 19 & 0.23171 & 0.19449 & 0.16351 & 0,13768 & 0.11611 & 0.09806 & 0.08295 & 0.07027 & 0.03130 & 0.01441 \\ \hline 20 & 0.21455 & 0.17843 & 0.14864 & 0.12403 & 0.10367 & 0.08678 & 0.07276 & 0.06110 & 0.02608 & 0.01153 \\ \hline 25 & 0.14602 & 0.11597 & 0.09230 & 0.07361 & 0.05882 & 0.04710 & 0.03779 & 0.03038 & 0.01048 & 0.00378 \\ \hline 30 & 0.09938 & 0.07537 & 0.05731 & 0.04368 & 0.03338 & 0.02557 & 0.01963 & 0.01510 & 0.00421 & 0.00124 \\ \hline \end{tabular} Present Value of Annuity of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periods & 1.0s & 2.0s & 3.05 & 3.75s & 4.0s & 4.25% & 5.08 & 6.0s & 7.0% \\ \hline 1 & 0.99010 & 0.98039 & 0.97087 & 0.95335 & 0.95154 & 0.95923 & 0.95738 & 0.94340 & 0.93458 \\ \hline 2 & 1.97040 & 1.94156 & 1.91347 & 1.89287 & 1.83609 & 1.87936 & 1.85241 & 183399 & 1.80002 \\ \hline 3 & 294059 & 2.88388 & 282861 & 278831 & 277509 & 2.76198 & 2.72325 & 2.67301 & 2.62432 \\ \hline 4 & 3.90197 & 3.80773 & 3.71710 & 365138 & 3.62990 & 3.60851 & 354595 & 3.45511 & 335721 \\ \hline 5 & 485343 & 4.71345 & 457971 & 4.48326 & 4.45+132 & 4.42073 & 4.32948 & 421236 & 4. 10020 \\ \hline 6 & 5.79548 & 5.60143 & 5.41719 & 5.78507 & 5.24214 & 519974 & 507569 & 4.91732 & 4.76654 \\ \hline 7 & 6.72819 & 6.47198 & 6.23028 & 605790 & 6.00205 & 5.94699 & 5.73637 & 5.55238 & 5.36929 \\ \hline 8 & 7.65168 & 7.32548 & 7.01969 & 6.80280 & 6.73274 & 6.66378 & 6.46321 & 6.20979 & 5.97130 \\ \hline 9 & 8.56602 & 8. 16224 & 2.78511 & 7.520n & 7.43533 & 7.35135 & 2.10782 & 6.80169 & 6.51523 \\ \hline 10 & 247130 & 8.98259 & 8.53020 & 8.21279 & 8.11090 & 8.01039 & 7.72173 & 7.36009 & 702358 \\ \hline \end{tabular} Present Value of Annuity of $1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periods & 1.0% & 2.0% & 2.0x & 3.75s & 4.05 & 4.255 & 3.0s & 6.05 & 7.0s \\ \hline 11 & 1036763 & 9.78685 & 9.25262 & 8.87979 & B. 76048 & 8. 64354 & 8.30641 & 783697 & 7.40657 \\ \hline 12 & 11.25508 & 10.57534 & 9.95400 & 9.52269 & 9.38507 & 9.25039 & 8.86325 & 8. 38384 & 294209 \\ \hline 13 & 12:13374 & 11.34837 & 10.63496 & 10.14236 & 998565 & 9.83251 & 9.39357 & c.85aba & 8.35765 \\ \hline 14 & 1300370 & 12.10525 & 1129607 & 10.7352 & 1056312 & 10.39090 & 9.8564 & & E.7454 \\ \hline 15 & 1386505 & 12.84926 & 11.93794 & 11.31530 & 11.11830 & 10.92652 & 10.37966 & 2.71225 & 210791 \\ \hline 16 & 14.71787 & 13.5m1 & 12.55110 & 11.97011 & 11cs230 & 11.44031 & 10.83m & 10.10590 & 9.40565 \\ \hline 17 & 15.5275 & 14.29187 & 13.16612 & 12.40498 & 12.16567 & 11.93315 & 11.27407 & 10.47726 & 976327 \\ \hline 18 & 1639827 & 14,99203 & 13.75351 & 1292046 & 12.65990 & 12.40590 & 11.68959 & 10.82760 & so 05908 \\ \hline 19 & 17.22601 & 15.67846 & 14.32380 & 13.41731 & 13.13394 & 12.55938 & 1208532 & 11.15:12 & 10.33560 \\ \hline 20 & 18.04555 & 16.35143 & 14.87747 & 13.89620 & 12.59033 & 13.28437 & 12.46221 & 11.46992 & 10.59401 \\ \hline 25 & 2202316 & 19.52346 & 17.41315 & 16.04320 & 15.62208 & 15.21734 & 14.09394 & 12.78336 & 11.65358 \\ \hline 30 & 25.80m & 22.39645 & 19.60044 & & 17.29203 & 16.77902 & 15.37245 & 0.76483 & 12.40906 \\ \hline \end{tabular} Present Value of Annuity of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Perieds & 0.0% & 9.0% & 10.0% & 11.0% & 12.0s & 13.0x & 14.0 & 15.01 & 20.05 & 25.0k \\ \hline 1 & 0.92593 & 0.91743 & 0.50009 & 0.90090 & 0.89286 & O.8Ba96 & 0.87719 & 0.06957 & 0.1333 & 0.10000 \\ \hline 2 & 1.78326 & 17s911 & 1.73554 & 1.71252 & 1.69005 & 1.66810 & 1.64666 & 1.62571 & 1.52m & 1.44000 \\ \hline 3 & 257710 & 253129 & 248585 & 246371 & 2.40183 & 236115 & 232163 & 228323 & 2.10648 & 195200 \\ \hline 4 & 3.31213 & 323972 & 3.16987 & 3.10245 & 3.03735 & 2.97447 & 291371 & 2.85498 & 2.58873 & 2.36160 \\ \hline 5 & 399271 & 3.86965 & 379079 & 369590 & 3.60478 & 3.51723 & 3.4330a & 3.35216 & 2.99061 & 2.68928 \\ \hline 6 & 4.62288 & 4.45592 & 435526 & 4.23054 & 4.11141 & 399755 & 288867 & 3.78448 & 2.32551 & 295142 \\ \hline 7 & 5.20637 & 503225 & 4.55842 & 4.71220 & 456376 & 4.42261 & 4.28830 & 4.t6042 & 26045 & 3.16114 \\ \hline 8 & 574664 & 5.53482 & 5.33493 & 5.14612 & 496764 & 4.79877 & 4.63886 & 4.48732 & 3 3.3716 & 3.32891 \\ \hline 9 & 6.24659 & 5.90525 & 5.79002 & 553705 & 5.32825 & 5.13166 & 4.94637 & 477158 & 4.00097 & 3.46313 \\ \hline 10 & 6.71001 & 6.41766 & 6.14457 & 5 - 10023 & 5.65022 & 5.42624 & 5.21612 & 5.0197 & 4.1924 & 2.57050 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{11}{|c|}{ Present Value of Annuity of $1} \\ \hline Periods & 8.0% & 2.0% & 10.0s & 11.0% & 12.0% & 13.08 & 16.0s & 18.0x & 20.0x & 25.05 \\ \hline 11 & 2.13896 & 6.80519 & 6.49506 & 6.20652 & 5.9370 & 5.66694 & 5.45273 & 5.23371 & 4.32706 & 365640 \\ \hline 12 & 7.53608 & 7.16073 & 6.81369 & 6.49236 & 6.19437 & 591765 & 5.66029 & 5.42062 & 4.43922 & 3.32512 \\ \hline 13 & 7.90378 & 7.48690 & 7.10336 & 6.74987 & 6.42355 & 6.12131 & 5.84236 & 5.58315 & 453268 & 3.78010 \\ \hline 14 & 8.24424 & 7.78615 & 7.36669 & 6.981 & 662817 & 6.30249 & 6.00207 & 572448 & 4.61057 & 312406 \\ \hline 15 & 8.55948 & 8.06069 & 7.60608 & 7,19087 & 6.81096 & 6.45238 & 6.14217 & 5.84737 & 4.67547 & 3.85926 \\ \hline 16 & 8.85137 & 8.31256 & 7.82371 & 7.37916 & 6.97399 & 6.60386 & 6.26506 & 5.95423 & 4.72956 & 3.88741 \\ \hline 17 & 9.12164 & 8.54363 & 8.02155 & 7.54879 & 7.11963 & 6.72909 & 6.37286 & 6.04716 & 4.77463 & 3.90993 \\ \hline 18 & 9.37189 & 8.75563 & 8.20141 & 2.70162 & 7.24967 & 683991 & 6.46742 & 6.12797 & 4.81219 & 392794 \\ \hline 19 & 9.60360 & 8.95011 & 8. 36492 & 7.83979 & 7.36578 & 6.93797 & 6.55037 & 6. 19823 & 4.84350 & 394235 \\ \hline 20 & 9.81815 & 9.12855 & 8.51356 & 7.96333 & 7.46944 & 7.02475 & 6.62313 & 6.25933 & 4.86958 & 395388 \\ \hline 25 & 10.67478 & 9.82258 & 9.07704 & 8.42174 & 7.84314 & 7.37998 & 6.87293 & 6.46415 & 4.94759 & 398459 \\ \hline 30 & 11.25778 & 10.27365 & 9.42691 & 8.69379 & 8.05518 & 7.49665 & 7.00266 & 6.56598 & 4.97894 & 3.99506 \\ \hline \end{tabular}