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the the following tables to calculate the present value of a $187,000, 5%, 6-year bond that pays $9,350 ($187,000 x 5%) interest annually, if the
the the following tables to calculate the present value of a $187,000, 5%, 6-year bond that pays $9,350 ($187,000 x 5%) interest annually, if the market rate of interest is 6% Present Value of $1 at Compound Interest Periods 5% 6% 7% 10% 1 0.95238 0.94340 0.93458 0.90909 2 0.90703 0.89000 0.87344 0.82645 3 0.86384 0.83962 0.81630 0,75131 4 0.82270 0,79209 0.76290 0.68301 5 0.78353 0.74726 0.71299 0.62092 6 0.74622 0.70496 0.66634 0.56447 7 0.7106 0.67684 0.66506 0.62275 0513160 0.62741 0.58201 0.46651 9 0.64461 0.59190 0.54393 0.42410 10 0.61391 0.55839 0.50835 0.38554 Present Value of Annuity of $1 at Compound Interest Periods 5% 6% 7% 10% 1 0.95238 0.94340 0.93456 0.90909 2 185941 183339 1.00002 1.73554 3 2.72325 2.67301 2.62432 248685 4 3.54595 3.46511 3.38721 3.16907 4.32948 4.21236 4.10020 3.79079 5.07540 49171 A26654 435576 10 0.61391 0.55839 0.50835 0.38554 Present Value of Annuity of $1 at Compound Interest Periods 5% 6% 7% 10% 1 0.95238 0.94340 0.93458 0.90909 2 1.85941 1.83339 1.80802 1.73554 3 2.72325 2.67301 2.62432 2.48685 4 3.54595 3.46511 3.38721 3.16987 < 5 4.32948 4.21236 4.10020 3.79079 6 5:07569 4.91732 4.76654. 4.35526 7 5.78637 5.58238 5.38929 4.86842 8 6.46321 6.20979 5.97130 5.33493 9 7.10782 6.80169 6.51523 5.75902 10 7.72173 7.36009 7.02358 6.14457 Round your intermediate calculations and final answer to the nearest whole dollar
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