Score: 0.67 of 2 pts 2 of 3 (3 complete) E12A-30 (book/static) Interest rates determine...

80.2K

Verified Solution

Question

Accounting

image
image
Score: 0.67 of 2 pts 2 of 3 (3 complete) E12A-30 (book/static) Interest rates determine the present value of future amount Round to the nearest dollar) (Click the loon to view Present Value of $1 table) Click the icon to view Present Value of Ordinary Annuity of $1 table) (Click the icon to view Future Value of S1 table) (Click the icon to view Future Value of Ordinary Annuity of $1 table) Read the requirements Requirement 1, Determine the prosent value of 10-year bonds payable with tace value of $60,000 and wated interest rate of 14%, paid semiannually the market rate of interest is 14% at issuance. (R Present Value When market rate of interest is 14% annually 86,000 Requirement 2. Samo bonds payable as in requirement 1, but the market interest rate is 10%. Round intermediary calculations and final onwwer to the nearest whole color) Present Value When market rate of interest is 16% annually 77,591 Requirement 3. Same bonds payable as in requirement 1, but the market interest rate is 12% (Round intermediary calculations and final answer to the nearest whole dollar) Present Value When market rate of interest is 12% annually ICE Present Value of $1 Periods 12% 1 2 3 4 5 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 2% 0.980 0.961 0.942 0.924 0.906 3% 0.971 0.943 0.915 0.888 0.863 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 5% 0.952 0.907 0.864 0.823 0.784 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 7% 0.935 0.873 0.816 0.763 0.713 8% 0.926 0.857 0.794 0.735 0.681 9% 0.917 0.842 0.772 0.708 0.650 10% 0.909 0.826 0.751 0.683 0.621 0.893 0.797 0.712 0.636 0.567 14% 0.877 0.769 0.675 0.592 0.519 15% 0.870 0.756 0.658 0.572 0.497 16% 0.862 0.743 0.641 0.552 0.476 18% 0.847 0.718 0.609 0.516 0.437 20% 0.833 0.694 0.579 0.482 0.402 6 7 8 9 10 0.888 0.871 0.853 0.837 0.820 0.837 0.813 0.789 0.766 0.744 0.746 0.711 0.677 0.645 0.614 0.666 0.623 0.582 0.544 0.508 0.630 0.583 0.540 0.500 0.463 0.507 0.452 0.404 0.361 0.322 0.456 0.400 0.351 0.308 0.270 0.432 0.376 0.327 0.284 0.247 0.410 0.354 0.305 0.263 0.227 0.370 0.314 0.266 0.225 0.191 0.335 0.279 0.233 0.194 0.162 11 12 13 14 15 0.896 0.887 0.879 0.870 0.861 0.804 0.788 0.773 0.758 0.650 0.625 0.601 0.577 0.555 0.585 0.557 0.530 0.505 0.481 0.527 0.497 0.469 0.442 0.417 0.475 0.444 0.415 0.388 0.362 0.429 0.397 0.368 0.340 0.315 0.596 0.547 0.502 0.460 0.422 0.388 0.356 0.326 0.299 0.275 0.252 0.231 0.212 0.194 0.178 0.287 0.257 0.229 0.205 0.183 0.564 0.513 0.467 0.424 0.386 0.350 0.319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0.135 0.123 0.112 0.102 0.237 0.208 0.182 0.160 0.140 0.195 0.168 0.145 0.125 0.108 0.162 0.137 0.116 0.099 0.084 0.743 16 17 18 19 20 0.534 0.513 0.494 0.475 0.456 0.339 0.317 0.296 0.277 0.258 0.215 0.187 0.163 0.141 0.123 0.107 0.093 0.081 0.070 0.061 0.722 0.701 0.681 0.661 0.642 0.623 0.605 0.587 0.570 0.554 0.538 0.522 0.507 0.492 0.478 0.464 0.450 0.437 0.424 0412 0.307 0.228 0.853 0.728 0.844 0.714 0.836 0.700 0.828 0.686 0.820 0.673 0.811 0.660 0.803 0.647 0.795 0.634 0.788 0.622 0.780 0.610 0.772 0.598 0.764 0.586 0.757 0.574 0.749 0.563 0.742 0.552 0.672 0.453 0.608 0.372 0.458 0.436 0.416 0.396 0.377 0.359 0.342 0.326 0.310 0.296 0.093 0.080 0.069 0.060 0.051 0.394 0.371 0.350 0.331 0.312 0.294 0.278 0.262 0.247 0.233 21 22 23 24 25 0.163 0.146 0.130 0.116 0.104 0.093 0.083 0.074 0.066 0.059 0.292 0.270 0.250 0.232 0.215 0.199 0.184 0.170 0.158 0.146 0.135 0.125 0.116 0.107 0.099 0.242 0.226 0.211 0.197 0.184 0.135 0.112 0.093 0.078 0.065 0.054 0.045 0.038 0.031 0.026 0.022 0.018 0.015 0.013 0.010 0.071 0.060 0.051 0.043 0.037 0.031 0.026 0.022 0.019 0.016 0.123 0.108 0.095 0.083 0.073 0.064 0.056 0.049 0.043 0.038 0.033 0.029 0.026 0.022 0.020 0.164 0.150 0.138 0.126 0.116 0.439 0.422 0.406 0.390 0.375 0.361 0.347 0.333 0.321 0.308 0.208 0.141 0.092 26 27 28 29 30 0.281 0.268 0.255 0.243 0.231 0.142 0.220 0.207 0.196 0.185 0.174 0.097 0.172 0.161 0.150 0.141 0.131 0.067 0.053 0.046 0.040 0.035 0.030 0.026 0.023 0.020 0.017 0.015 0.106 0.098 0.090 0.082 0.075 0.032 0.013 0.084 0.076 0.069 0.063 0.057 0.053 0.047 0.042 0.037 0.033 0.044 0.038 0.033 0.028 0.024 0.021 0.018 0.016 0.014 0.012 0.003 0.001 0.014 0.009 0.011 0.007 0.010 0.006 0.008 0.005 0.007 0.004 0.001 0.001 40 0.046 0011 0.005 0.004 50 0.022 0.009 0.087 0.054 0.034 0,021 0.003 0.001 0.001 Print Done Clear All

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students