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Present and future value tables of $1 at 3% are presented below: N FV $1...

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Accounting

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Present and future value tables of $1 at 3% are presented below: N FV $1 PV $1 1 1.03000 10.97087 2 1.06090 0.94260 3 1.09273 10.91514 4 1.12551 0.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 (0.81309 B 1.26677 10.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 10.68095 14 1.51259 10.66112 15 1.55797 0.64186 16 1.60471 0.62317 PVA $1 PVA $1 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989|11.93794 20.1569 12.56110 FVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Rosie's Florist borrows $410,000 to be paid off in six years. The loan payments are semiannual with the first payment due in six months and interest is at 6% What is the amount of each payment? LO $41,189. $42,189. O $41,944. (0) O $43,987

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