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there is 3 answers to this question! please help and show work. Interest rates determine the present value of future amounts. (Round to the nearest
there is 3 answers to this question! please help and show work.
Interest rates determine the present value of future amounts. (Round to the nearest dollar.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.' (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1 . Determine the present value of 10 -year bonds payable with face value of $88,000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 14% at issuance. (Round intermediary calculations and final answer to the near est whole dollar.)Step by Step Solution
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