eBook Print Item Present Value of an Annuity On January 1, you win $3,500,000 in the state tottery. The $3,500,000 petze will be paid in equal installments of $350,000 over 10 years. The payments will be made on December 31 of each year, beginning on December 31. If the current interest rates 7%, determine the present value of your winnings. Use the present value tables in Exhibit 7. Round to the nearest whole dollar Feedback CM. Work Present Value of Bonds Payable; Premium Moss Co. Issued $600,000 of five-year, 12% bonds, with interest payable semiannually, at a market (effective interest rate of 10% Determine the present value of the bonds payable, using the present value tables in Exhibits and Exhibit 7. Round to the nearest dollar Exhibit 5 Prosent Value of $1 at Compound interest 6W Periods 1 2 3 4 5 6 7 4% 0.95154 092456 0.000 0.05410 1193 0.7911 07592 02009 070259 0.67556 4799 0.95690 0915750 03876300 0.385.00 0.00AMO 0.767900 0730830 0.701190 0672900 064450 0.95230 0.90703 0.2634 0.0270 078055 073 0.71062 0.6 06446 0.61391 SW% 0.9477 0.945 085161 0.10722 0.7651 0.72525 0644 065160 061763 6 OMBO 082000 0. 79209 074720 10196 0.6650 062741 0.39190 os 09 0.88165 0.82705 0.77 9.72900 6.63 W635 60123 656735 0.93 744 11830 0.76290 1299 006634 06227 3001 0549 0505 104 0.0100 45 025131 166101 062092 0564 OSTI G4665 43410 6.0554 119 0.000 11 0.73119 065 059 OS 0416 12 . 9719 21170 OS 05614 139 . 0731 069905 001 ON 0.41011 2500 0,4523 0.01 NYO CONE SEO VIDEO IND SCO NO COCESO 012 0319 751761 702314 CE LIEZ 1447 SOON 6910 NAS os WS SNS LE OL 0 SIS OCE COSES CAVES Creory 2.1 610 600075 S42 7.1073 46321 597110 659509 BUSS 453 411141 360471 COS CTS OCLIP re OSOVE SON ES PAT 5.90297 499553 cncs SLOS 401712 OCES (81515 CV ESSE 9 00 CESVE VEZEA SOCO LEDES CHIS CV GOLET CORTI 4212 ME PLE 410010 330721 3.5172 2. 2.36115 166010 SEZET NOVE sowi HO LO SY OSVE NIE CO2 LEED 69 BOLE SISSE CO 2441 ILOVE 10 GEEL COOTE R60 4.329 3.54545 2.72335 1.0541 0.95211 5% Ceci 060050 SEE 06060 KOI 2.749 1.67262 0.90 1.M632 01767 5W O SEL 096154 0.14340 6N 3 2 1 Periods 126 7% %5 Exhibit 7 Prosent Value of an Annuity of S1 at Compound Intecost