Interest rates determine the present value of future amounts. (Round all numbers to the nearest whole dollar.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of Annuity of $1 table.) (Click the icon to view the Future Value of $1 table.) Click the icon to view the Future Value of Annuity of $1 table.) Requirements 1. Determine the present value of seven-year bonds payable with face value of $91,000 and stated interest rate of 10%, paid semiannually. The market rate of interest is 10% at issuance. 2. Same bonds payable as in Requirement 1, but the market interest rate is 12%. 3. Same bonds payable as in Requirement 1, but the market interest rate is 8%. Requirement 1. Determine the present value of seven-year bonds payable with face value of $91,000 and stated interest rate of 10%, paid semiannually. The market rate of interest is 10% at issuance. (Round interim calculations and final answer to the nearest whole dollar.) Present Value 91,000 When market rate of interest is 10% annually $ Requirement 2. Same bonds payable as in requirement 1, but the market interest rate is 12%. (Round interim calculations and final answer to the nearest whole dollar.) Present Value When market rate of interest is 12% annually