TABLE PV.1 Present Value of 1 1 2 9 (n) periods 2% 242% 3% 5% 6% 8% 9% 10% 11% 12% 15% 0.98039 0.97561 0.97087 0.96156 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 0.90090 0.89286 0.86957 0.96117 0.95181 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.75614 3 0.94232 0.92860 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75132 0.73119 0.71178 0.65752 4 0.92385 0.90595 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.57175 5 0.90583 0.88385 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 0.59345 0.56743 0.49718 6 0.88797 0.86230 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.43233 7 0.87056 0.84127 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.37594 8 0.85349 0.82075 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.32690 0.83676 0.80073 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.28426 0.82035 0.78120 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.24719 11 0.80426 0.76214 0.72242 0.64958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.21494 12 0.78849 0.74356 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35554 0.31863 0.28584 0.25668 0.18691 13 0.77303 0.72542 0.68095 0.60057 0.53032 0.46884 0.41496 0.36770 0.32618 0.28966 0.25751 0.22917 0.16253 14 0.75788 0.70773 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.14133 15 0.74301 0.69047 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.12289 16 0.72845 0.67362 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.10687 17 0.71416 0.65720 0.60502 0.51337 0.43630 0.37136 0.31657 0.27027 0.23107 0.19785 0.16963 0.14564 0.09293 0.70016 0.64117 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 0.21199 0.17986 0.15282 0.13004 0.08081 19 0.68643 0.62553 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.07027 0.67297 0.61027 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.06110 10 18 20 Table A.5 PRESENT VALUE OF AN ANNUITY DUE OF 1 1 PVF-AD,-1+ (n) periods 2% 242% 3% 5% 8% 1 2 3 4 5 1.00000 1.98039 2.94156 3.88388 4.80773 1.00000 1.97561 2.92742 3.85602 4.76197 1.00000 1.97087 2.91347 3.82861 4.71710 1.00000 1.00000 1.96154 1.95238 2.88609 2.85941 3.77509 4.62990 4.54595 1.00000 1.00000 1.94340 1.92593 283339 2.78326 3.67301 3.57710 4.46511 4.31213 1.00000 1.91743 2.75911 3.53130 4.23972 10% 11% 12% 15% 1.00000 100000 1.00000 1.00000 1.90909 1.90090 1.89286 1.86957 2.73554 2.71252 269005 2.62571 3.48685 3.44371 3.40183 3.28323 4.16986 4.10245 4.03735 3.85498 3.72325 6 7 8 9 10 5.71346 6.60143 7.47199 8.32548 9.16224 5.64583 6.50813 7.34939 8.17014 8.97087 5.57971 6.41719 7.23028 8.01969 8.78611 5.45182 5.32948 5.21236 6.24214 6.07569 5.91732 7.00205 6.78637 6.58238 7.73274 7.46321 7.20979 8.43533 8.10782 7.80169 4.99271 5.62288 6.20637 6.74664 7.24689 4.88965 5.48592 6.03295 6.53482 6.99525 4.79079 4.69590 4.60478 4.35216 5.35526 5.23054 5.11141 4.78448 5.86842 5.71220 5.56376 5.16042 6.33493 6.14612 5.96764 5.48732 6.75902 6.53705 6.32825 5.77158 11 12 13 14 15 9.98259 9.75206 9.53020 9.11090 8.721738.36009 10.78685 10.51421 10.25262 9.76048 9.30641 8.89687 11.57534 11.25776 10.95400 10.38507 9.86325 9.38384 12.34837 11.98319 11.63496 10.98565 10.39357 9.85268 13.10625 12.69091 12.29607 11.56312 10.89864 10.29498 7.71008 8.13896 8.53608 8.90378 9.24424 7.41766 7.80519 8.16073 8.48690 8.78615 7.14457 6.88923 6.65022 6.01877 7.49506 7.20652 6.93770 6.23371 7.81369 7.49236 7.194.37 6.42062 8.10336 7.74987 7.42355 6.58315 9.366697.98187 7.62817 6.72448 16 17 18 19 20 13.84926 13.38138 12.93794 12.11839 11.37966 10.71225 9.55948 14.57771 14.05500 13.56110 12.65230 11.83777 11.10590 9.85137 15.29187 14.71220 14.16612 13.16567 12.27407 11.47726 10.12164 15.99203 15.35336 14.75351 13.65930 12.68959 11.82760 10.37189 16.67846 15.97899 15.32380 14.13394 13.08532 12.15812 10.60360 9.06069 8.60608 8.19087 7.81086 6.84737 9.31256 8.82371 8.37916 7.97399 6.95424 9.54363 9.02155 8.54879 8.11963 7.04716 9.75563 9.20141 8.70162 8.24967 7.12797 9.95012 9.36492 8.83929 8.36578 7.19823 Table A.4 PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 PVF-OA- (1+i) 1 (n) periods 2% 212% 3% 4% 5% 6% 1 98039 1.94156 2.88388 3.80773 4.71346 .97561 1.92742 2.85602 3.76197 4.64583 .97087 1.91347 2.82861 3.71710 4.57971 96154 1.88609 2.77509 3.62990 4.45182 95238 1.85941 2.72325 3.54595 4.32948 94340 1.83339 2.67301 3,46511 4.21236 8% 9% 10% 11% 12% 15% 92593 .91743 .90909 90090 89286 .86957 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.31213 3.23972 3.16986 3.10245 3.03735 2.85498 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 4 5 6 7 8 9 10 5.60143 6.47199 7.32548 8.16224 8.98259 5.50813 6.34939 7.17014 7.97087 8.75206 5.41719 6.23028 7.01969 7.78611 8.53020 5.24214 6.00205 6.73274 7.43533 8.11090 5.07569 5.78637 6.46321 7.10782 7.72173 4.91732 5.58238 6.20979 6.80169 7.36009 4.62288 4.48592 4.35526 4.23054 4.11141 3.78448 5.20637 5.03295 4.86842 4.71220 4.56376 4.16042 5.74664 5.53482 5.33493 5.14612 4.96764 4.48732 6.24689 5.99525 5.75902 5.53705 5.32825 4.77158 6.71008 6.41766 6.14457 5.88923 5.650225.01877 11 12 13 9.78685 9.51421 9.25262 8.76048 8.30641 7.88687 7.13896 6.80519 6.49506 6.20652 5.93770 5.23371 10.57534 10.25776 9.95400 9.38507 8.86325 8.38384 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 11.34837 10.98319 10.63496 9.98565 9.39357 8.85268 7.90378 7.48690 7.10336 6.74987 6.42355 5.58315 12.10625 11.69091 11.29607 10.56312 9.89864 9.29498 8.24424 7.78615 7.36669 6.98187 6.62817 5.72448 12.84926 12.38138 11.93794 11.11839 10.37966 9.71225 8.55948 8.06069 7.60608 7.19087 6.81086 5.84737 15 16 17 18 19 20 13.57771 13.05500 12.56110 11.65230 10.83777 10.10590 14.29187 13.71220 13.16612 12.16567 11.27407 10.47726 14.99203 14.35336 13.75351 12.65930 11.68959 10.82760 15.67846 14.97889 14.32380 13.13394 12.08532 11.15812 16.35143 15.58916 14.87747 13.59033 12.46221 11.46992 8.85137 8.31256 7.82371 7.37916 6.97399 5.95424 9.12164 8.54363 8.02155 7.54879 7.11963 6.04716 9.37189 8.75563 8.20141 7.70162 7.24967 6.12797 9.60360 8.95012 8.36492 7.839297.36578 6.19823 9.81815 9.12855 8.51356 7.96333 7.46944 6.25933 Question 11 of 18 - 71 View Policies Current Attempt in Progress Sunland Company receives a six-year, $ 42,000 note that bears interest at 8% (paid annually) from a customer at a time when the market interest rate is 6%. What is the present value of the note received by Sunland? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal places, eg. 5,275.25.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Value of note received $