On December 31, 2024, when the market interest rate is 10% Kennedy Realty issues $500,000 of 7.25%, 10-year bonds payable. The bonds pay interest semiannualy. Determine the present value of the bonds at Issuance. (Round all currency amounts to the nearest whole dollar) (Click the icon to view Present Value of 51 table) (Click the icon to view Future Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table) (Click the icon to view Future Value of Ordinary Annuity of 51 table) The present value of the bonds at issuance amounts to Present Value of $1 Periods 1% 2% 3% Period 1 0.990 0.980 0.971 4% 5% 6% 7% 0.962 0.952 0.943 0.935 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.873 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.816 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.666 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.623 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 Period 9 0.914 0.837 0.766 0.703 0.645 0.592 0.544 0.500 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 8% 9% 20% 10% 12% 14% 15% 16% 18% 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.718 0.694 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.482 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 0.630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 0.583 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.279 0.502 0.467 0.404 0.351 0.327 0.305 0.266 0.233 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.388 0.350 0.287 0.237 0.215 0.195 0.162 0.135 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0,601 0.530 0.469 0.415 0.368 Period 14 0.870 0,758 0.661 0.577 0.505 0.442 0.388 0.340 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0.326 0.290 0.229 0.182 0.163 0.145 0.116 0.093 0.299 0.263 0.205 0.160 0.141 0.125 0.099 0.078 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 Period 16 0.853 0.728 0.623 0.534 0.458 0.394 0.339 Period 17 0.844 0.714 0.605 0.513 0.436 Period 18 0.836 0.700 0.587 0.494 0.416 0.371 0.317 0.350 0.296 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 Period 20 0.820 0.673 0.554 0.456 0.377 0.312 0.277 0.258 Period 21 0.811 0.660 0.538 0.439 0.359 0.294 Period 22 0.803 0.647 0.522 0.422 0.342 0.278 0.242 0.226 0.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 0.270 0.231 0.198 0.146 0.108 0.093 0.080 0.060 0.045 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 0.232 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 0.199 0.164 0.135 0.093 0.064 0.053 0.044 0.031 0.022 0.184 0.150 0.123 0.083 0.056 0.046 0.038 0.026 0.018 Periods Period 1 1% 2% 3% 4% 0.990 0.980 0.971 Period 2 1.970 1.942 1.913 Period 3 2.941 2.884 2.829 3.630 Present Value of Ordinary Annuity of $1 3.127 2.991 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.690 1.647 1.626 1.605 1.566 1.528 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.402 2.322 2.283 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3.546 3.465 3.387 3.312 3.240 3.170 3.037 2.914 2.855 2.798 2.690 2.589 Period 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.605 3.433 3.352 3.274 Period 6 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4.111 3.889 3.784 3.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.564 4.288 4.160 4.039 3.812 3.605 Period 8 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 4.968 4.639 4.487 4.344 4.078 3.837 Period 9 8.566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.328 4.946 4.772 4.607 4.303 4.031 Period 10 9.471 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.650 5.216 5.019 4.833 4.494 4.192 Period 11 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 5.453 5.234 5.029 4.656 4.327 Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.194 5.660 5.421 5.197 4.793 4.439 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 6.424 5.842 5.583 5.342 4.910 4.533 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.724 5.468 5.008 4.611 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 6.811 6.142 5.847 5.575 5.092 4.675 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 6.974 6.265 5.954 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 7.120 6.373 6.047 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.250 6.467 6.128 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 6.198 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 7.469 6.623 6.259 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 8.649 7.562 6.687 6.312 Period 22 19.660 17.658 15.937 14.451 13.163 12.042 11.061 10201 9.442 8.772 7.645 6.743 6.359 5.669 5.162 4.730 5.749 5.222 4.775 5.818 5.273 4.812 5.877 5.316 4.844 5.929 5.353 4.870 5.973 5.384 4.891 6.011 5.410 4.909 Periods Period 1 1% 2% 3% 4% 1.010 1.020 1.030 Period 2 1.020 1.040 1.061 Period 3 1.030 1.061 Period 4 1.041 Period 5 1.051 1.093 1.082 1.126 1.104 1.159 5% 6% 7% 1.040 1.050 1.060 1.070 1.082 1.103 1.124 1.145 1.125 1.158 1.191 1.225 1.170 1.216 1.262 1.311 1.217 1.276 1.338 1.403 Future Value of $1 8% 9% 10% 12% 14% 15% 1.080 1.090 1.100 1.120 1.140 1.150 1.166 1.188 1.210 1.254 1.300 1.323 1.260 1.295 1.331 1.405 1.482 1.521 1.360 1.412 1.464 1.574 1.689 1.749 1.469 1.539 1.611 1.762 1.925 2.011 Period 6 Period 11 1.116 1.243 Period 12 1.127 1.268 Period 13 1.138 1.294 Period 14 1.149 1.319 Period 15 1.161 1.346 1.558 1.062 1.126 1.194 1.265 1.340 1.419 1.501 1.587 1.677 1.772 Period 7 1.072 1.149 1.230 1.316 1.407 1.504 1.606 1.714 1.828 1.949 2.211 2.502 2.660 Period 8 1.083 1.172 1.267 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.476 2.853 3.059 Period 9 1.094 1.195 1.305 1.423 1.551 1.689 1.838 1.999 2.172 2.358 2.773 3.252 3.518 Period 10 1.105 1.219 1.344 1.480 1.629 1.791 1.967 2.159 2.367 2.594 1.384 1.539 1.710 1.898 2.105 2.332 2.580 2.853 4.226 4.652 1.426 1.601 1.796 2.012 2.252 2.518 2.813 3.138 3.896 4.818 5.350 1.469 1.665 1.886 2.133 2.410 2.720 3.066 3.452 4.363 5.492 6.153 1.513 1.732 1.980 2.261 2.579 2.937 3.342 3.798 4.887 6.261 7.076 1.801 2.079 2.397 2.759 3.172 3.642 4.177 5.474 7.138 8.137 1.974 2.195 2.313 3.106 3.707 4.046 3.479 Period 16 1.173 1.373 Period 17 1.184 Period 18 1.196 Period 19 1.208 1.457 Period 20 1.220 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.137 9.358 1.400 1.653 1.948 2.292 2.693 3.159 3.700 4.328 5.054 1.428 1.702 2.026 2.407 2.854 3.380 3.996 4.717 5.560 1.754 2.107 2.527 3.026 3.617 4.316 5.142 6.116 8.613 12.06 14.23 1.486 1.806 2.191 2.653 3.207 3.870 4.661 5.604 6.727 9.646 13.74 16.37 6.866 9.276 10.76 7.690 10.58 12.38 Period 21 1.232 1.516 1.860 2.279 2.786 3.400 4.141 5.034 6.109 7.400 10.80 15.67 18.82 Period 22 1.245 1.546 1.916 2.370 2.925 3.604 4.430 5.437 6.659 8.140 12.10 17.86 21.64 Future Value of Ordinary Annuity of $1 Periods 4.375 5.637 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Period 2 2.010 2.020 2.030 2.040 2.050 2.060 2.070 2.080 2.090 2.100 2.120 2.140 2.150 Period 3 3.030 3.060 3.091 3.122 3.153 3.184 3.215 3.246 3.278 3.310 3.374 3.440 3.473 Period 4 4.060 4.122 4.184 4.246 4.310 4.440 4.506 4.573 4.641 4.779 4.921 4.993 Period 5 5.101 5.204 5.309 5.416 5.526 5.867 5.985 6.105 6.353 6.610 6.742 5.751 Period 8 Period 6 6.152 6.308 6.468 6.633 6.802 Period 7 7.214 7.434 7.662 7.898 8.142 8.286 8.583 8.892 9.214 6.975 7.153 7.336 7.523 7.716 8.115 8.536 8.754 8.394 8.654 8.923 9.200 9.487 10.09 10.73 11.07 9.549 9.897 10.260 10.64 11.03 11.44 12.30 13.23 13.73 Period 9 9.369 9.755 10.16 10.58 11.03 11.49 Period 10 10.46 10.95 11.46 12.01 12.58 13.18 13.82 11.98 12.49 13.02 13.58 14.49 15.19 15.94 14.78 16.09 16.79 17.55 19.34 20.30 Period 11 11.57 12.17 12.81 13.49 14.21 14.97 15.78 Period 12 Period 13 Period 14 12.68 13.41 14.19 15.03 13.81 14.68 15.62 16.63 17.71 14.95 15.97 17.09 18.29 19.60 Period 15 16.10 17.29 18.60 20.02 21.58 Period 16 17.26 18.64 20.16 21.82 23.66 Period 17 18.43 20.01 21.76 23.70 25.84 Period 18 19.61 21.41 23.41 25.65 28.13 Period 19 20.81 22.84 25.12 27.67 30.54 Period 20 22.02 24.30 26.87 29.78 33.07 Period 21 23.24 25.78 28.68 31.97 35.72 Period 22 24.47 27.30 30.54 34.25 38.51 15.92 16.87 18.88 21.02 23.28 25.67 28.21 30.91 33.76 36.79 16.65 17.56 18.53 20.65 23.04 24.35 17.89 18.98 20.14 21.38 24.13 27.27 29.00 20.14 21.50 22.95 24.52 28.03 32.09 34.35 22.55 24.21 26.02 27.98 32.39 37.58 40.50 25.13 27.15 29.36 31.77 37.28 43.84 47.58 27.89 30.32 33.00 35.95 42.75 50.98 55.72 30.84 33.75 36.97 40.54 48.88 59.12 65.08 34.00 37.45 41.30 45.60 55.75 68.39 75.84 37.38 41.45 46.02 51.16 63.44 78.97 88.21 41.00 45.76 51.16 57.28 72.05 91.02 102.4 39.99 44.87 50.42 56.76 64.00 81.70 104.8 118.8. 43.39 49.01 55.46 62.87 71.40 92.50 120.4 137.6