Homework Help: accouting

Posted by johnetta on Thursday, May 12, 2011 at 10:20am.

5. Compute the price of $3,461,181 received for the bonds by using the tables of present value in Appendix A. (Round to the nearest dollar.) Your total may vary slightly from the price given due to rounding differences.

Present value of the face amount $
Present value of the semi-annual interest payments $
Price received for the bonds $

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