Exhibit 5 Present Value of $1 at Compound Interest Periods 4% 41% 11% 12% 1 0.90090 0.89286 2 3 4 0.85480 5% 51% 6% 6% 7% 10% 0.96154 0.956940 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 0.92456 0.915730 0.90703 0.89845 0.89000 0.88166 0.87344 0.82645 0.81162 0.79719 0.88900 0.876300 0.86384 0.85161 0.83962 0.82785 0.81630 0.838560 0.82270 0.80722 0.79209 0.77732 0.76290 0.82193 0.802450 0.78353 0.76513 0.74726 0.72988 0.71299 0.79031 0.767900 0.74622 0.72525 0.70496 0.68533 0.66634 0.75992 0.734830 0.71068 068744 0.66506 0.64351 0.73069 0.703190 0.67684 065160 0.62741 0.60423 0.70259 0.672900 0.64461 061763 0.59190 0.56735 0.67556 0.643930 0.61391 0.58543 0.55839 0.53273 075131 0.73119 071178 068301 0.65873 063552 062092 0.59345 0.56743 056447 0.53464 0.50663 5 6 7 8 9 10 0.62275 051316 0.48166 045235 058201 0.46651 043393 0.40388 0.54393 042410 0.39092 0.36061 0.50835 038554 0.35218 032197 13% 0.88496 0.78315 069305 061332 054276 0.48032 0.42506 037616 033288 029459 Exhibit 7 Present Value of an Annuity of $1 at Compound Interest Periods 4% 12% 13% 1 11% 0.90090 0.89286 171252 1,69005 0.88496 1.66810 2 3 4 5 41% 5% 51% 6% 61% 7% 10% 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.90909 1.88609 1.87267 1.85941 1.84632 1.83339 1.82063 1.80802 1.73554 2.77509 2.74896 2.72325 2.69793 2.67301 264848 2.62432 2.48685 2.44371 240183 2.36115 3.62990 3.58753 3.54595 3.50515 3.46511 3.42580 3.38721 3.16987 3.10245 3.03735 2.97447 445182 4.38998 4.32948 4.27028 4.21236 4.15568 4.10020 3.79079 3.69590 3.60478 3.51723 5.24214 5.15787 5.07569 4.99553 4.91732 4.84101 4.76654 4.35526 4.23054 4.11141 3.99755 6.00205 5.89270 5.78637 5.68297 5.58238 5.48452 5.38929 4.86842 471220 4.56376 4.42261 6.73274 6.59589 6.46321 633457 6.20979 6.08875 5.97130 5.33493 5.14612 4.96764 4.79677 7.43533 7.26879 7.10782 6.95220 6.80169 6.65610 6.51523 5.75902 5.53705 5.32825 5.13166 8.11090 7.91272 7.72173 7.53763 7.36009 7.18883 7.02358 6.14457 5.88923 5.65022 5.42624 6 7 8 9 10 Present Value of Bonds Payable; Premium Moss Co. issued $310,000 of four-year, 12% 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