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Use the following tables to calculate the present value of a $371,000 o 6%, 5-year bond that pays $22,260 interest annually. If the market rate

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Use the following tables to calculate the present value of a $371,000 o 6%, 5-year bond that pays $22,260 interest annually. If the market rate of interest ja 7. Round to the nearest dollar Present Value of $1 Periods 5 % 6% 79 10% Periods 10% 1 95238 194340 93458 1 .90909 .82645 90909 2 90703 189000 1873444 2 Present Value of Annuity of $1 5 % 6 % 7 % 95238 .94340 -93458 1.85941 1.83339 1.80802 2.72325 2.67301 2.62432 3.54595 3,46511 3.38721 4.32948 4.21236 4.10020 1.73554 3 -86384 83962 81630 3 .75131 ! .68301 2.48685 4 .82270 .79209 -76290 4 3.16987 5 -78353 .71299 5 -74726 .70496 .62092! 56447 6 74622 .66634 3.79079 4.35526 6 5.07569 4.91732 2 .71068 .66506 4.76654 5.38929 .62275 7 4.86842 8 5.78637 6.46321 5.58238 6.20979 .67684 -51316 -46651 42410 .62741 .58201 8 5.97130 5.33493 9 .64461 .59190 .54393 9 7.10782 6.80169 6.51523 5.75902 10 51391 .55839 .50835 385541 10 7.72173 7.36009 7.02358 6.14457

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