Homework: Chapter 12 Score: 0.33 of 1 pt E12A-30 (similar to) 10 of 11 (9 complete) Interest rates determine the present value of future amounts. (Round to the nearest dollar) (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read the requirements. HW Score: 55.24%, (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Question 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. " rate of interest is 10% at issuance. (Round intermediary calculations and final answer to the nearest whole dollar.) in in S When market rate of interest is 10% annually Present Value 87,000 Requirement 2. Same bonds payable as in requirement 1, but the market interest rate is 16% (Round intermediary calculations and final answer to the ne dollar.) When market rate of interest is 16% annually Present Value