Table B.1* Present Value of 1 p=1/(1+i)n Compute the selling price of 10%,10-year bonds with a par value of $350,000 and semiannual interest payments. The annual market rate for these bonds is 12%. Use present value Table B.1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) Table B. 3 Present Value of an Annuity of 1 p=[11/(1+i)n]/i