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Use the following tables to calculate the present value of a $535,000 696, 5-year bond that pays $32,100 interest annually, if the market rate of
Use the following tables to calculate the present value of a $535,000 696, 5-year bond that pays $32,100 interest annually, if the market rate of interest is 7%. Round to the nearest dollar Present Value of $1 at Compound Interest 10% 90909 82645 75132 68301 62092 56447 51316 46651 42410 38554 Periods 5% 95238 90703 86384 82270 78353 74622 71068 67684 64461 61391 Present Value of Annuity o $1 at Compound Interest 6% 94340 89000 83962 79209 74726 70496 66506 62741 59190 55840 93458 87344 81630 76290 71299 66634 62275 58201 54393 50835 4 10 Periods 5% 95238 1.85941 2.72325 3.54595 4.32948 5.07569 5.78637 6.46321 7.10782 7.72174 6% 94340 1.83339 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7.36009 93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 10% 90909 1.73554 2.48685 3.16987 3.79079 4.35526 4.86842 5.33493 5.75902 6.14457 4
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