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E12A-30 (similar to) Interest rates determine the present value of future amounts. (Round to the nearest dollar.) (Click the icon to view Present Value

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E12A-30 (similar to) Interest rates determine the present value of future amounts. (Round to the nearest dollar.) (Click the icon to view Present Value of $1 table.) table.) (Click the icon to view Future Value of $1 table.) table.) Read the requirements. Question Help (Click the icon to view Present Value of Ordinary Annuity of $1 (Click the icon to view Future Value of Ordinary Annuity of $1 * Requirement 1. Determine the present value of seven-year bonds payable with face value of $87,000 and stated interest rate of 10%, paid semiannually. The market rate of interest is 10% at issuance. (Round intermediary calculations and final answer to the nearest whole dollar.) When market rate of interest is 10% annually Present Value

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