please show step dont use excel thank you

XYZ company issues R$ 100,000 in bonds dated January 1, 2020, due in five years with 9 percent interest payable annually on January 1. At the time of issue, the market rate for such bonds is 11 percent. Find the following: 1. Present value of the principal? 2. Present value of the interest payment? 3. Recording entries: 1/1/2020, 31/12/2020, and 1/1/20217