Exhibit 5 Present Value of $1 at Compound Interest Exhibit 7 Present Value of an Annuity of $1 at Compound interest Present value of bonds payable; premium Moss Co, issued $330,000 of four-year, 13% bonds, with interest payable semiannually, at a market (effective) interest rate of 11%. Determine the present value of the bonds payable using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar