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Use the following tables to calculate the present value of a $516,000 5%, 6-year bond that pays $25,800 Interest annually, if the market rate of

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Use the following tables to calculate the present value of a $516,000 5%, 6-year bond that pays $25,800 Interest annually, if the market rate of interest is 6%. Round to the nearest dollar Present Value of $1 5. 69 79 Periods 10% 1 95238 94340 93458 90909 2. .90703 .87344 .89000 .83962 1.73554 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 10% Periods 190909 1 .826451 2 .751311 3 .68301 ! 4 .62092 5 56447 6 3 .81630 2.48685 4 .86384 .82270 78353 .79209 -76290 3.16987 3.79079 5 .74726 6 .74622 70496 5.07569 4.91732 4.76654 4.35526 2 71068 71299 .66634 .62275 58201 54393 7 5.78637 5.58238 5.38929 4.86842 B -66506 .62741 59190 .67684 -51316 -466511 .42410 8 5.20979 5.97130 5.33493 5.75902 9 9 6.46321 7. 10782 7.72173 .64461 61391 5.80169 7.36009 6.51523 7.02358 10 55839 50835 38554 10 6.14452 511,916-X Hea Check My W Incorrect

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