Present Value of Bonds Payable: Premium Moss Co. issued $105,000 of five-year, 12% bonds, with interest payable semiannually, at a market (effective) Interest rate of 11% Determine the present value of the bonds payable, using the present value tables in Exhibit 5 and Exhibit 7. Note: Round final answer to the nearest dollar. 6% 6.5% 7% Present Value of $1 at Compound Interest Due Inn Periods Periods 4.0% 4.5% 5% 5.5% 1 0.96154 0.95694 0.95238 0.94787 2 0.92456 0.91573 0.90703 0.89845 3 0.88900 0.87630 0.86384 0.85161 4 0.85480 0.83856 0.82270 0.80722 5 0.82193 0.80245 0.78353 0.76513 0.94340 0.89000 0.83962 0.79209 0.74726 0.93897 0.88166 0.82785 0.77732 0.72988 0.93458 0.87344 0.81630 0.76290 0.71299 6 7 8 9 10 0.79031 0.75992 0.73069 0.70259 0.67556 0.76790 0.73483 0.70319 0.67290 0.64393 0.74622 0.71068 0.67684 0.64461 0.61391 0.72525 0.68744 0.65160 0.61763 0.58543 0.70496 0.66506 0.62741 0.59190 0.55839 0.68533 0.64351 0.60423 0.56735 0.53273 0.66634 0.62275 0.58201 0.54393 0.50835 0.52679 11 12. 13 14 15 049697 0.64958 0.62460 0.60057 0.57748 0.55526 0.61620 0.58966 0.56427 0.53997 0.51672 0.58468 0.55684 0.53032 0.50507 0.48102 0.55491 0.52598 0.49856 0.47257 0.44793 0.46884 0.44230 0.41727 0.50021 0.46968 0.44102 041410 0.38883 0.47509 0.44401 041496 0.38782 0.36245 16 17 18 19 20 0.53391 0.51337 0.49363 0.47464 0.45639 0.49447 0.47318 0.45280 0.43330 0.41464 0.45811 0.43630 0.41552 0.39573 0.37689 0.42458 0.40245 0.38147 0.36158 0.34273 0.39365 0.37136 0.35034 0.33051 031180 0.36510 0.34281 0.32189 0.30224 0.28380 0.33873 0.31657 0.29586 0.27651 0.25842 21 22 23 24 25 0.43883 0.42196 0.40573 0.39012 0.37512 0.39679 0.37970 0.36335 0.34770 033273 0.35894 0.34185 0.32557 031007 0.29530 0.32486 0.30793 0.29187 0.27666 0.26223 0.29416 0.27751 0.26180 0.24698 0.23300 0.26648 0.25021 0.23494 0.22060 0.20714 0.24151 0.22571 0.21095 0.19715 0.18425 26 27 28 29 30 0.36069 0.34682 0.33348 0.32065 0.30832 0.31840 0.30469 0.29157 0.27902 0.26700 0.28124 0.26785 0.25509 0.24295 0.23138 -0.24856 0.23560 0.22332 0.21168 0.20064 0.21981 0.20737 0.19563 0.18456 0.17411 0.19450 0.18263 0.17148 0.16101 0.15119 0.17220 0.16093 0.15040 0.14056 0.13137 31 32 33 34 35 0.29646 0.28506 0.27409 0.26355 0.25342 0.25550 0.24450 0.23397 0.22390 0.21425 0.22036 0.20987 0.19987 0.19035 0.18129 0.19018 0.18027 0.17087 0.16196 0.15352 0.16425 0.15496 0.14619 0.13791 0.13011 0.14196 0.13329 0.12516 0.11752 0.11035 0.12277 0.11474 0.10723 0.10022 0.09366 40 0.20829 0.17193 0.14205 0.11746 0,09722 0.08054 0.06678 45 0.17120 0.13796 0.11130 0.08988 0.07265 0.05879 0.04761 Present Value of $1 Compound Interest Due in Periods Periods 10% 119 12 1 3 4 0.92593 0.85734 0.79383 0.73503 0.68058 0.91743 0.84168 0.77218 0.70843 0.64993 0.90909 0.82645 0.75131 0.68301 0.62092 0.90090 0.81 162 0.73119 0.65873 0.59345 0.89786 0.79719 0.71178 0.63552 0.56743 0.88496 0.38315 0.69305 0.61332 0.54276 0.87719 0.76147 0.67497 0.59208 OS1937 5 6 7 8 9 10 0.63017 0.58349 0.54027 0.50025 0.46319 0.59627 0.54703 0.50187 0.46043 0.42241 0.56447 051316 0.46651 0.42410 0.38554 0.53464 0.48166 0.43393 039092 035218 0.50663 0.45235 040388 0.36061 0.32197 0.48032 0.42506 0.37616 0.33288 0.29459 0.45559 039964 Q35056 030751 0.26974 a 11 12 13 14 15 0.42888 0.39711 0.36770 0.34046 031524 0.38753 0.35553 0.32618 0.29925 0.27454 035049 031863 028966 0.26333 0.23939 031728 0.28584 0.25751 0.23199 0.20900 0.28748 0.25668 0.22917 0.20-062 0.18270 0.26070 0.23071 0.20416 0.18068 0.15989 0.23662 0.20756 018207 0.15971 014010 16 17 18 19 20 0.29189 0.27027 0.25025 0.23171 0.21455 0.25187 0.23107 0.21199 0.19449 0.17843 021763 0.19784 0.17986 0.16351 0.14864 18829 0.16963 0.15282 0.13768 0.12403 0.16312 0.14564 0.13004 0.11611 0.10367 0.14150 0.12522 0.11081 0.09806 0.08678 012289 Q.10780 009456 0.08295 0.07276 21 22 23 24 25 0.19866 0.18394 0.17032 0.15770 0.14602 0.16370 0.15018 0.13778 0.12640 0.1 1597 013513 0.12285 0:11168 0.10153 0.09230 0.11174 0.10067 0,09069 0.08170 0.07361 0.09256 0.08264 0.07379 0.06588 0.05882 0.07680 0.06796 0.06014 G.D5323 0.04710 0.06383 0.05599 004911 004308 0.03779 26 27 28 29 30 0.13520 0.12519 0.11591 0.10733 0.09938 0.10639 0.09761 0.08955 0.08215 0.07537 0.08391 0.07628 0.06934 0.06304 0.05731 0.00631 0.05974 0.05382 0.04849 0.04368 0.05252 0.04689 0.04187 003738 0.03338 0.04168 0.03689 0.03264 0.02889 0.02557 003315 0.02908 0.02551 002237 001963 31 32 33 34 35 0.09202 0.08520 0.07889 0.07305 0.06763 0.06915 0.06344 0.05820 0.05339 0.04899 0.05210 0.04736 0.04306 0.03914 0.03558 0.03935 0.03545 0.03194 0.02878 002592 0.02980 0.02661 0.02376 0.02121 0.01894 0.02262 0.02002 0.01772 0.01568 0.01388 001722 001510 201325 001162 001019 40 0.04603 0.03184 0.02209 0.01538 0.01075 0.00753 0.00529 45 0.03133 0.02069 0.01372 0.00913 0.00610 0.00009 0.00275 Present Value of Ordinary Annuity of S1 per Period Periods 4.ON 4.596 SN 5.5% 6.3% 79 1 2 3 4 5 0.96154 1.88609 2.77509 3.62990 445182 0.95694 1.87267 2.74896 358753 438998 0.95238 185941 2.72325 3.54595 4.32948 0.94787 1.84632 2.69793 3.50515 427028 0.94340 1.83339 2.67301 346511 421236 0.93897 1.82063 2.64848 3.42580 4.15568 0.93458 1.80802 262432 3.38721 4.10020 6 7 8 5.24214 6.00205 6.73274 743533 8.11090 5.15787 5.89270 6.59589 7.26879 7.91272 5.07569 578637 6.46321 7.10782 772173 4.99553 5.68297 6.33457 6.95220 753763 4.91732 5.58238 6.20979 6.80169 736009 4.84101 548452 6.08875 6.65610 7.18883 4.76654 5.38929 5.97130 651523 7.02358 9 10 11 12 13 14 15 8.76048 9.38507 9.98565 10.56312 11.11839 8.52892 9.11858 9.68285 10.22283 10.73955 8.30641 8.86325 9.39357 9.89864 10.37966 8.09254 8.61852 9.11708 9.58965 10.03758 7.88687 838354 8.85268 9.29498 971225 7.68904 8.15873 8.59974 9.01 384 9.40267 7.49867 7.94269 835765 8.74547 9.10791 16 17 18 19 20 11.65230 12.16567 12.65930 13.13394 13.59033 11 23402 11.70719 12.15999 12.59329 13.00794 10.83777 11.27407 11.68959 12.08532 1246221 1046216 10.86461 11.24607 11,60765 11.95038 10.10590 10.47726 10.82760 11.15812 1146992 9.76776 10.11058 10.43247 10.73471 11.01851 944665 9.76322 10.05909 10.33560 10.59401 21 22 23 24 25 14.02916 14.45112 14.85684 15.24696 15.62208 13.40472 13.78442 14.14777 14.49545 14.82821 12.82115 13.16300 13 48857 13.79864 14.09394 12.27524 12.58317 12.87504 13.15170 13.41393 11.76408 12.04158 12.30338 12.55036 12.78336 11.28498 11.53520 11.77014 11.99074 12.19789 10.83553 11.06124 11.27219 11.46933 11.65358 26 27 28 15.98277 16.32959 16,66306 16.98371 17.29203 15.14661 15.45130 15.74287 16.02189 16.28889 14.37519 14.64303 14.89813 15.14107 1537245 13.66250 13.89810 14.12142 14.33310 1453375 13.00317 13.21053 13.40516 13.59072 13.76683 12.39237 12.57500 12.74648 12.90749 13.05868 11.82578 11.98671 12.13711 12.27767 1240904 30 31 32 33 34 35 17.58849 17.87355 18.14765 18.41120 18.66461 16.54439 16.78889 17.02285 17-24676 17.46101 15.59281 15.80268 16.00255 16.19290 1637419 1472393 14 90420 15.07507 15:23703 15.39055 13.92909 14.08404 14.23023 1436514 1449825 13.20063 13,33393 13.45909 13.57661 13.6869 12.53181 12.64656 12.75379 12.85401 12.94767 40 19.79277 18.40158 17.15909 1604612 15.04630 14.14553 13.33171 45 2072004 19.15635 1797407 16-54773 15.45583 14.48023 13.60552 Prevent Value of Ordinary Annuity of S1 per Period Periods ON 10% 119 12% 149 1 2 3 4 092593 1.78326 2.57710 3.31213 3.99271 0.91743 1.75911 2.53129 3.23972 3.88965 0.90909 1.73554 248685 3.16987 3.79079 090090 1.71252 244371 3.10245 3.69590 0.89286 1.69005 210183 3.03735 3.60478 0.88496 1.66810 2.36115 2.97447 3.51723 0.87719 1.64666 232163 2.91371 3A3308 5 6 7 B 9 4.62288 5.20637 5.74664 6.24689 6.71008 448592 5.03295 5.53482 5.99525 641766 4.35526 4.86842 5.33493 5.75902 6.14457 4.23054 4.71220 5.14612 5.53705 5.88923 4.11141 456376 4.96764 5.32825 565022 3.99755 442261 479677 5.13166 S42624 3.88867 4.28830 4.63886 4.94637 5.21612 10 5A5273 5.66029 11 12 13 14 15 7.13896 7.53608 7.90378 8.22424 8.55948 6.80519 7.16073 7.48690 7.78615 8.06069 6.49506 6.81369 7.10336 7.36669 7.60608 6.20652 6.49236 6.74987 6.96187 7.19087 5.93770 6.19437 6.42355 6.62817 681086 5.68694 5.91765 6.12181 6.30249 646238 584236 6.00207 6.14217 16 17 18 19 20 8.85137 9.12164 9.37189 9.60360 9.81815 831256 854363 8.75563 8.95011 9.12855 7.82371 8.02155 8.20141 8.36492 8.51356 737916 754879 7.70162 7.83929 7.96333 6,97399 7.1 1963 724967 736578 746944 660388 672909 6.83991 693797 7.02475 6.26506 637285 6.46742 6.55037 6.62313 21 22 23 24 25 10.01680 10.20074 10.37106 10.52876 10.67478 9.29224 9.44243 9.58021 9.70661 9.82258 8.54869 3.77154 8.88322 8.98474 9.07704 8.07507 8.17574 8.26643 8.34814 8.42174 7.56200 764465 7.71843 7.78432 7.84314 7.10155 7.16951 7022956 7228288 732998 668656 6.74294 6.79206 6.83514 6.87293 26 27 28 29 30 10.80998 1093516 11.05TOS 11.15841 11.25778 9.92897 10.02658 10.11613 10.19825 10.27365 9.16095 923722 9.30657 936961 942691 848805 854780 8.60162 865011 8,69379 7.89566 7.94255 7.98442 8.02181 8.05518 737167 7.40856 744120 7.47009 7.49565 690608 693515 6.96066 6.98304 7.00266 31 32 33 36 35 11:34980 1113500 1353389 11.55693 1165457 1034280 10.40624 10.46464 10.51784 10.56682 9.47901 9.52638 9,56943 950857 964416 2.73315 8.76860 8 83054 882932 8.85524 BO5499 8.13159 8.13535 815656 817550 751825 7.53830 7.55602 757170 758557 7.01988 7.03498 7.04523 7.05985 7,07005 40 11.92461 10.75736 9.77905 895105 324373 783435 7.10504 45 12.10840 10.88120 9.86281 9.00791 8.28252 7.66086 7.12322