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Paste Clipboard G42 BIUTA 12 Font E X fx A B C 1 Merge & C Alignment 2 D Account for Issuing Bonds F
Paste Clipboard G42 BIUTA 12 Font E X fx A B C 1 Merge & C Alignment 2 D Account for Issuing Bonds F G H (Hints are provided after the working area below.) On April 1, 2022, Green Planet Landscaping borrowed by issuing $150,000 of 5-year, 6% bonds at 8%. (The effective interest rate is 8%.) Interest is payable semiannually on September 30 and March 31. (Use appropriate factor(s) from 3 the tables provided.) 345696 Present Value-Single Table (PVS tab) Present Value-Annuity Table (PVA tab) Future Value-Single Table (FVS tab) Future Value-Annuity Table (FVA tab) 7 1. 9 Compute the present value of the bonds on April 1, 2022. (Round table values to 4 decimal places, and round dollar amounts to the nearest dollar.) 10 A. Calculate the amount of the semiannual interest payment on the bonds. (Enter the time factor in decimal form.) 11 12 13 14 15 Principal 150,000 X X Rate 6.0% x Time X 0.5 Interest Payment 4,500 B. Calculate the present value of the bonds (how much cash you'll get to borrow). Present value of the interest payments: Use Present or Future Value Single Payment 16 table present 17 18 19 or Annuity annuity Number of interest periods Interest rate per interest period. Payment Factor amount Present or Future Value Present value of the face value: Use Present or Future Value Single Payment 20 table 21 present or Annuity single Number of interest periods Interest rate per interest period Factor Payment amount Present or Future Value Score Summary Account for Bonds PVS PVA FVS FVA Ready Type here to search
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