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Present Value of $1 Present Value of an Ordinary Annuity n 3% 5% 6% 10% 12% 3% 5% 16% 10% 12% 1 1 97087 9523894340.90909.89286

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Present Value of $1 Present Value of an Ordinary Annuity n 3% 5% 6% 10% 12% 3% 5% 16% 10% 12% 1 1 97087 9523894340.90909.89286 97087 95238 94403 90909.89286 5 8626178353.74726.6209256743 4.57971 4.32948 4.21236 3.79079 3.60478 6 83748.74622,704965644750663 5.41719 5.07569 4.91732 4.35526 4.11141 10.7440961391.55839.3855432197 8.5302017.7217317 36009 6.14457 5.65022 12 70138 55684 4969731863.25668 9.954008.863258.383846.813696.19437 On January 1, 2019, XYZ Co. issued a $500,000,8%, 5-year bond for $461,384. The bonds pay interest semiannually on June 30 and December 31. The effective rate on the date of issue was 10% APR. What was the carrying value of the bond at December 31, 2019 after the interest payment had been recorded? $455 246 $467 676 $464,453 $477,522

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