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Use the following tables to calculate the present value of a $350,000, 5%, 6 year bond that pays 517.500 ($350,000 x 5%) interest annually, if

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Use the following tables to calculate the present value of a $350,000, 5%, 6 year bond that pays 517.500 ($350,000 x 5%) interest annually, if the market rate of interest i 6% Present Value of $1 at Compound Interest Periods SW 6% 79% 109 1 0.95238 0.94340 0.93458 0.90909 2 0.90703 0.89000 0.87314 0.82645 3 0.86384 0.83962 0.81630 0.75131 4 0.82270 0.79209 0.76290 0.68301 5 0.78353 0.74726 0.71299 0.62092 6 0.74622 0.70496 0.66634 0:56-442 7 0.71066 0.66506 0.62225 0.51316 8 0.67684 0.62741 0.58201 0.46651 0.64461 0.59190 0.54393 0.42410 10 0.61391 0.5589 0.50035 0.38554 Present Value of Annuity of S1 at Compound Interest Periods 5% 69 7% 10% 1 0.95738 0.94340 0.9H458 0.90909 2 1.85951 1 80802 1.73554 3 2.72325 267301 2.62432 2.45685 4 3:54595 3.40511 3.38721 1.16987 4.32948 4.21236 4.10020 3.79079 Present Value of Annuity of $1 at Compound Interest Periods 5% 6% 7% 10% 1 0.95238 0.94340 0.93458 0.90909 2 N 1.85941 1.83339 1.80802 1.73554 3 2.72325 2.67301 2.62432 2.48685 3.54595 3.38721 3.16987 5 4.32948 4.10020 3.79079 6 5.07569 4.76654 4.35526 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7 5.78637 5.38929 4.86842 8 6.46321 5.33493 9 7.10782 5.97130 6.51523 7.02358 5.75902 10 7.72173 7.36009 6.14457 Round your intermediate calculations and final answer to the nearest whole dollar

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