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Use the following tables to calculate the present value of a 5502,000 65, 6-year bond that pays $30,120 interest annually of the market rate of

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Use the following tables to calculate the present value of a 5502,000 65, 6-year bond that pays $30,120 interest annually of the market rate of interest Round to the dollar Periods Periods 6% 1 2 1 2 3 4 Present Value of $1 5 6. 7% 95238 94340 .93455 -90703 89000 .87544 236.354 33962 51630 82270 79200 26390 78353 74726 71299 74622 .70496 66634 71068 .66506 62275 .67684 .62741 58201 54651 59190 5493 01391 55839 1.56835 4 101 90909 32645 -75131 .68301 .620921 56447 51316 45651 .42410 10 90909 1.73554 248685 3.16987 3.79079 Present Value of Annuity of $1 5 7% 95238 94340 .93458 185941 1.83339 1.80602 2.72325 2.67301 2.62432 3.54595 11.46511 3.38721 4.32948 4.21236 4.10020 5.07569 4.91732 4.76654 5.78637 5.58230 5:38929 6.46521 520979 5.97130 7.10782 6.80169 6.51523 7.72173 736002 7.02350 5 6 5 7 7 8 9 4.86842 5.33493 5.75902 6.1-4457 10 38554 10

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