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Interest rates determine the present value of future amounts. (Round to the nearest dolar) (Click the icon to view Present Vislue of $1 table) Click the icon to view Present Value of Ordinary Annuty of $1 table.) Cick the icon to view Future Value of $1 table) (Click the kcon to view Future Value of Ordinary Annuity of $1 table) Read the resuirements Requirement 1. Determine the present value of si-year bonds payable with face value of $83,000 and stated interest rate of 12%, paid semiannualy The market rate of interest is 12% at issuance (Round intermediary caloulations aand final answer to the neerest whole dolar) Present Value When market rate of interest is 12% annually Requirement 2. Same bonds payabie as in requirement 1, but the market interest rate is 16 %. (Reund intermediary caloulaions and final answer to the nearest whole dollar) Present Value When market rate of inserest is 16% annually Requirement 3. Same bonds payable as in requirement 1, but the market interest rate is 10%. (Round intermediary caloulations and final answer to the nearest whole dollar) Present Value When market rate of interest is 10% annualy Reference Present Value of $1 Periods 6 % 8 % 1 % 2% 3% 4% 5% 7% 9% 10% 12% 14% 15% 16% 18% 20% 0.870 0.756 0.935 0.847 0.833 0.694 0.579 0.990 0.943 0.926 0.877 0.862 0.980 0.971 0.962 0.952 0.917 0.909 0.826 0.893 0.797 0.980 0.971 0.961 2 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.769 0.743 0.718 0.816 3 0.942 0.924 0.915 0.889 0.864 0.840 0.794 0.772 0.751 0.712 0.636 0.675 0.658 0.641 0.609 0.516 0.735 0.681 0.888 0.855 0.822 0.823 0.784 0.792 0.763 0.708 0.683 0.592 0.519 0.572 0.552 0.482 0.951 5 0.906 0.863 0.713 0.650 0.621 0.567 0.497 0.476 0.437 0.402 0.747 0.942 0.933 0.746 0.630 0.583 6 0.888 0.871 0.837 0.790 0.760 0.705 0.666 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 0.513 0.467 0.665 0.627 0.547 0.502 7 0.813 0.789 0.711 0.623 0452 0.404 0.400 0.376 0.354 0.314 0.279 0.923 0.853 0.731 0.677 0.582 0.540 0.351 0.327 0.305 0.266 0.233 0.592 0.914 0.837 0.766 0.703 0.645 0.544 0.500 0.460 0.422 0.424 0.361 0.308 0.284 0.263 0.225 0.194 0.820 0.463 0.162 10 0.905 0.744 0.676 0.614 0.558 0.508 0.386 0.322 0.270 0.247 0.227 0.191 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.287 0.237 0.215 0.195 0.162 0.135 11 0.557 0.530 0.505 0.701 0.397 12 0.887 0.788 0.625 0.601 0.497 0.444 0.356 0.326 0.319 0.257 0.208 0.187 0.168 0.137 0.112 0.229 0.205 0.163 0.141 0.145 0.125 0.093 0.078 13 14 0.879 0.870 0.773 0.758 0.681 0.661 0.469 0.442 0.415 0.368 0.340 0.290 0.263 0.182 0.160 0.116 0.577 0.388 0.299 0.099 0.861 0.555 0.481 0.315 15 0.743 0.642 0.417 0.362 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 16 0.853 0.728 0.623 0.534 0.458 0.436 0.394 0.371 0.339 0.292 0.270 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 0.045 0.146 17 0.844 0.714 0.605 0.513 0.317 0.231 0.198 0.108 0.093 0.080 0.060 0.416 0.396 0.377 0.081 0.070 0.836 0.828 0.700 0.686 0.587 0.570 0.250 0.232 0.212 0.194 0.069 0.060 18 19 0.494 0.475 0.350 0.296 0.277 0.180 0.130 0.095 0.083 0.051 0.043 0038 0.031 0.331 0.312 0.116 0.104 0.164 0.061 20 0.820 0.673 0.554 0.456 0.258 0.215 0.178 0.149 0.073 0.051 0.037 0.026 0.811 0.359 0.242 0.053 0.044 0.031 0.026 0.022 0.019 21 0.660 0.647 0.538 0.439 0.294 0.199 0.164 0.150 0.135 0.093 0.064 0.022 22 0.803 0.522 0.422 0.342 0.278 0.226 0.184 0.123 0.083 0.056 0.046 0.038 0.018 0.795 0.074 0.049 0.043 23 0.634 0.507 0.406 0.390 0.326 0.262 0.247 0.211 0.170 0.158 0.138 0.112 0.040 0.033 0.015 24 0.788 0.622 0.492 0.310 0.197 0.126 0.102 0.066 0.059 0.035 0.028 0.013 0.010 0.478 0.295 0.780 0.610 0.375 0.233 0.184 0.146 0.116 0.092 0.038 0.030 0.024 0.016 25 Print Done Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.010 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.140 1 1.120 1.150 2 1.020 1.040 1.061 1.103 1.124 1.145 1.210 1.254 1.300 1.323 1.082 1.166 1.260 1.188 1.482 1.689 1.030 1.061 1,093 1.191 1.521 3 1.125 1.158 1.225 1.311 1.295 1.331 1.405 1.04 1,082 1.126 1.170 1.216 1.360 1.412 1.464 1.574 1.762 1.749 4 1.262 1.217 1.276 1.338 1.403 1.611 5 1.051 1.104 1.159 1.469 1.539 1.925 2.011 6 1.126 1.194 1.340 1.419 1.504 1.501 1.677 1,772 1.974 2.195 2.313 1.062 1.265 1.587 7 1.316 1.407 1.606 1.714 1.949 2.211 2,660 1.072 1.149 1.172 1.230 1.828 2.502 8 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.853 3.059 1.083 1.267 1.305 2.476 9 1,551 1.689 1.999 2.172 2.358 1.094 1.105 1.195 1.423 1.838 2.773 3.252 3.518 10 1.219 1.344 1.480 1.629 2,594 3.106 4.046 1.791 1.967 2.159 2.367 3.707 1.116 1.243 1,539 1.710 1.898 2.105 2,853 3.479 4,226 11 1.384 2.332 2.580 4.652 12 1.127 1.268 1.426 1,601 1,796 2.252 2.518 2.813 3.138 3.896 4.818 2.012 2.133 5.350 13 1.294 1.469 1.886 2.410 4,363 5.492 6.153 1.138 1.665 2.720 3.066 3.452 14 1.319 1.980 2.261 2.397 2.579 3.798 4,887 6.261 7.076 1.149 1.513 1.732 2.937 3.172 3.342 1.558 2.079 4.177 7.138 15 1.161 1.346 1.801 2.759 3.642 5.474 8.137 16 1.173 1.373 1.605 2.183 2.540 2.952 3.970 4.595 6.130 8.137 1.873 3.426 9.358 1.184 1.400 1.653 1.948 2.292 3.159 3.700 4.328 6.866 10.76 17 2.693 5.054 9.276 18 1.196 1.702 2.026 2.407 3.996 4.717 5.142 7,690 12.38 1.428 2.854 3.380 5.560 10.58 19 1.208 1.754 2.107 3.617 4,316 6.116 8.613 12.06 14.23 16.37 1.457 2.527 3.026 20 1.220 1.486 1.806 2.191 3.207 3.870 4.661 6.727 9.646 13.74 2.653 5.604 21 1.516 1.860 2.279 3.400 4.141 5.034 6.109 7.400 18.82 1.232 2.786 10.80 15.67 1.546 1.916 2.925 3.604 4.430 6.659 8.140 12.10 21.64 24.89 28.63 22 1.245 2.370 5.437 17.86 23 1,974 2,465 3.072 5.871 20.36 1.257 1.577 3.820 4.049 4.741 7.258 8.954 13.55 1.270 2.033 6.341 15.18 24 1.608 2.563 3.225 5.072 7.911 9.850 23.21 26.46 25 2.094 4.292 5,427 6.848 17.00 32.92 1.282 1.641 2.666 3.386 8.623 10.83 co Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.010 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.140 1 1.120 1.150 2 1.020 1.040 1.061 1.103 1.124 1.145 1.210 1.254 1.300 1.323 1.082 1.166 1.260 1.188 1.482 1.689 1.030 1.061 1,093 1.191 1.521 3 1.125 1.158 1.225 1.311 1.295 1.331 1.405 1.04 1,082 1.126 1.170 1.216 1.360 1.412 1.464 1.574 1.762 1.749 4 1.262 1.217 1.276 1.338 1.403 1.611 5 1.051 1.104 1.159 1.469 1.539 1.925 2.011 6 1.126 1.194 1.340 1.419 1.504 1.501 1.677 1,772 1.974 2.195 2.313 1.062 1.265 1.587 7 1.316 1.407 1.606 1.714 1.949 2.211 2,660 1.072 1.149 1.172 1.230 1.828 2.502 8 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.853 3.059 1.083 1.267 1.305 2.476 9 1,551 1.689 1.999 2.172 2.358 1.094 1.105 1.195 1.423 1.838 2.773 3.252 3.518 10 1.219 1.344 1.480 1.629 2,594 3.106 4.046 1.791 1.967 2.159 2.367 3.707 1.116 1.243 1,539 1.710 1.898 2.105 2,853 3.479 4,226 11 1.384 2.332 2.580 4.652 12 1.127 1.268 1.426 1,601 1,796 2.252 2.518 2.813 3.138 3.896 4.818 2.012 2.133 5.350 13 1.294 1.469 1.886 2.410 4,363 5.492 6.153 1.138 1.665 2.720 3.066 3.452 14 1.319 1.980 2.261 2.397 2.579 3.798 4,887 6.261 7.076 1.149 1.513 1.732 2.937 3.172 3.342 1.558 2.079 4.177 7.138 15 1.161 1.346 1.801 2.759 3.642 5.474 8.137 16 1.173 1.373 1.605 2.183 2.540 2.952 3.970 4.595 6.130 8.137 1.873 3.426 9.358 1.184 1.400 1.653 1.948 2.292 3.159 3.700 4.328 6.866 10.76 17 2.693 5.054 9.276 18 1.196 1.702 2.026 2.407 3.996 4.717 5.142 7,690 12.38 1.428 2.854 3.380 5.560 10.58 19 1.208 1.754 2.107 3.617 4,316 6.116 8.613 12.06 14.23 16.37 1.457 2.527 3.026 20 1.220 1.486 1.806 2.191 3.207 3.870 4.661 6.727 9.646 13.74 2.653 5.604 21 1.516 1.860 2.279 3.400 4.141 5.034 6.109 7.400 18.82 1.232 2.786 10.80 15.67 1.546 1.916 2.925 3.604 4.430 6.659 8.140 12.10 21.64 24.89 28.63 22 1.245 2.370 5.437 17.86 23 1,974 2,465 3.072 5.871 20.36 1.257 1.577 3.820 4.049 4.741 7.258 8.954 13.55 1.270 2.033 6.341 15.18 24 1.608 2.563 3.225 5.072 7.911 9.850 23.21 26.46 25 2.094 4.292 5,427 6.848 17.00 32.92 1.282 1.641 2.666 3.386 8.623 10.83 co Future Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.000 1,000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1 2.020 2.010 2.030 2,040 2,050 2.060 2.070 2.080 2.090 2.100 2.120 2.140 2.150 3 3.030 3.060 3.091 3.153 3.184 3.215 3.246 3.310 3.374 3.440 3.122 3.278 3.473 4.993 4.506 4 4.060 4.122 4.184 4,310 4,375 4,440 4,641 4.779 4,921 4.246 4.573 5.309 5.526 5.751 5.101 5.204 5.416 5.867 6.105 6.610 6.742 5.637 5.985 6.353 6.308 6.468 6.633 6.802 6.975 8.115 6 6.152 7.153 7.336 7.523 7.716 8.536 8.754 7.214 7,434 7.898 8.142 8.394 8.923 9.200 9.487 10.09 12.30 10.73 11.07 7 7.662 8.654 8 8.286 8.892 9.549 9.897 10.260 10.64 11.03 11.44 8.583 9.214 13.23 13.73 11.98 9 9.369 10.16 11.03 11.49 12.49 13.02 14.78 16.09 9.755 10.58 13.58 16.79 10 10.46 10.95 11.46 12.58 13.18 13.82 14.49 15.19 15.94 17.55 19.34 20.30 12.01 11.57 12.81 13.49 14.21 14.97 18.53 23.04 24.35 11 12.17 15.78 16.65 17.56 20.65 12 13.41 14.19 16.87 17.89 18.98 20.14 21.38 24.13 29.00 12.68 15.03 15.92 27.27 20.14 21.50 13 14.68 17.71 18.88 22.95 28.03 32.09 13.81 15.62 16.63 24.52 34.35 15.97 14 14.95 17.09 18.29 19.60 21.02 24.21 32.39 37.58 40.50 22.55 26.02 27.98 17.29 25.13 15 16.10 18.60 20.02 21.58 27.15 29.36 31.77 37.28 23.28 43.84 47.58 27.89 16 20.16 30.32 33.00 42,75 50.98 17.26 18.64 21.82 23.70 23.66 25.67 35.95 55.72 65.08 75.84 17 18.43 20.01 21.76 25.84 30.84 36.97 40.54 59.12 28.21 30.91 33.75 48.88 37.45 18 19.61 21.41 23.41 25.65 28.13 34.00 41.30 45.60 55.75 68.39 78.97 19 20.81 22.84 25.12 30,54 37.38 41.45 51.16 63.44 88.21 27.67 33.76 46.02 51.16 20 24.30 29.78 36.79 41.00 45.76 57.28 72.05 91.02 102.4 22.02 26.87 33.07 21 23.24 28.68 31.97 44.87 50,42 64.00 81.70 104.8 118.8 25.78 35.72 39.99 43.39 56.76 24.47 27.30 30.54 38.51 49.01 62.87 71.40 92.50 120.4 137.6 22 34.25 55.46 23 25.72 41.43 47.00 53.44 60,89 69.53 79.54 138.3 159.3 28.85 32.45 36.62 104.6 24 26.97 30.42 34.43 39.08 44.50 50.82 58.18 66.76 76.79 118.2 184.2 88.50 158.7 54.86 63.25 28.24 36.46 41.65 73.11 84,70 98.35 181.9 25 32.03 47.73 133.3 212.8

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