Use the following tables to calculate the present value of a $506,000 @ 6%, 6-year bond that pays $30,360 interest annually, if the market rate of interest is 7%. Round to the nearest dollar.

Use the following tables to calculate the present value of a $506,000 @ 6%, 6-year bond that pays $30,360 interest annually, if the market rate of interest is 7%. Round to the nearest dollar. Present Value of $1 Present Value of Annuity of $1 5 % 94340 periods 5% 6% 7% 10% | Periods 500 10% 9523 .94340 .93458 .909091 90703 .89000 .87344 .826452 86384 .83962 .81630 .751313 82270 .79209 .76290 .683014 78353 .74726 .71299 .620925 74622 .70496 .66634 .564476 71068 .66506 .62275 .513167 .6768462741 .58201 466518 64461 .59190.54393 424109 61391 .55839.50835 .38554107.72173 7.36009 7.02358 6.14457 95238 1.85941 1.83339 1.80802 1.73554 2.72325 2.67301 2.62432 2.48685 3.54595 3.46511 3.38721 3.16987 4.3294 4.21236 4.10020 3.79079 5.07569 4.91732 4.76654 4.35526 5.78637 5.58238 5.38929 4.86842 6.46321 6.20979 5.97130 5.33493 7.10782 6.80169 6.51523 5.75902 93458 90909 10