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pls help Present Value of Bonds Payable; Premium Moss Co. Issued $470,000 of five-year, 12% bonds, with interest payable semiannually, at a market (effective) interest
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Present Value of Bonds Payable; Premium Moss Co. Issued $470,000 of five-year, 12% bonds, with interest payable semiannually, at a market (effective) interest rate of 10% Determine the present value of the bonds payable, using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar. X Exhibit 5 Present Value of $1 at Compound Interest Periods 2 3 4 5 6 4% 0.95154 092456 0.88900 0.85480 0.82193 0.79031 0.75992 0.73069 0.70259 0.67556 46% 0.956940 0.915730 0.876300 0.838560 0.802450 0.767000 0.734830 0.703190 0672900 0.643930 5% 0.95238 0.90703 0.86384 0.82270 0.78353 0.74622 0.71068 0.67654 0.6441 061391 5%% 0.94787 0.89845 0.85161 0.80722 0.76513 0.72525 0.68744 065160 0.61763 058543 6% 0.94340 0.89000 0.83962 0.79209 0.74226 0.70496 0.66506 0.62741 0.59190 0.55839 67% 0.93897 0.88166 0.82785 0.77732 0.72988 0.68533 0.60351 0.60423 0.56735 0.53273 7% 0.93458 0.87344 0.81630 0.76290 0.71299 0.66634 0.62275 0.58201 0.54393 O. SOR35 10% 0.90909 0.82645 075131 068301 062092 0.56447 0.51316 0.46651 0.42410 0.38554 11% 0.90090 0.81162 0.73119 0.65873 0.59345 0.53464 0.48166 043393 0.39092 0.35210 1296 0.89286 079719 0.71178 0.63552 0.56743 0.50663 045235 040388 036061 0.32197 13% 0.88496 0.78315 0.69305 061332 0:54276 0.48032 042506 0.37616 0.33288 02959 8 9 10 Exhibit 7 Presont Value of an Annuity of $1 at Compound Interest Periods 2 3 4 5 6 7 8 9 10 496 096154 185609 2.77509 3.62990 445182 5.24214 6.00205 673274 7.43533 8.11090 46% 0.95694 1.87267 2.74896 3.58753 4.38998 5.15707 5.89270 659589 7.26879 7.91272 5% 0.95238 1.85941 2.72325 3.54595 4.32945 5.07569 5.78637 646321 7.10782 7.72173 5%% 0.94787 1.14632 2.69793 3.50515 4.27028 499553 5.68297 633457 6.95220 753763 6% 0.94340 1.83339 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7.36009 6%% 0.93897 1.82063 264848 342580 4.15568 4.M101 548452 6.08875 6,65610 7.18833 7% 0.93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6:51523 7.02358 10% 0.90909 1.73554 248685 3.16987 3.79079 4.35526 4.36842 5.33493 5.75902 6.14457 11% 0.90090 171252 244371 3.10245 3.69590 4.23054 471220 5.14612 553705 5.88923 12% 0.89286 1.69005 2.40183 303735 3.60470 4.11141 4.56376 4.96764 5.32825 5.65022 13% 0.88496 1.66810 2.36115 2.97447 3.51223 3.99755 4.42261 4.79677 5.13166 5.42624 Step by Step Solution
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