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Interest rates determine the present value of future amounts. (Round to the nearest dollar) (Click the icon to view Present Value of $1 table.)

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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 (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) Requirement 1. Determine the present value of 10-year bonds payable with face value of $83,000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 14% at issuance (Round intermediary calculations and final answer to the nearest whole dollar) When market rate of interest is 14% annually Present Value Requirement 2. Same bonds payable as in requirement 1, but the market interest rate is 16% (Round intermediary calculations and final answer to the nearest whole doilar) When market rate of interest is 16% annually Present Value Requirement 3. Same bonds payable as in requirement 1, but the market interest rate is 12%. (Round intermediary calculations and final answer to the nearest whole dollar) When market rate of interest is 12% at annually Present Value

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