Sinc e 10000 fac e amount of the bonds is 10 of the

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Unformatted text preview: lc ulating the pres ent value: ezto.mhecloud.mcg r aw- hill.com/hm_accounting .tpx?todo= pr intviewSing le 4/5 2/25/14 Assig nment Pr int View Interes t Princ ipal $450¥ × 2.72325* $10,000 × 0.86384** Pres ent value (pric e) of the bonds = $ 1,225 = 8,638 $ 9,864 (rounded) ¥ 4. 5% × $10, 000 *pres ent value of an ordinary annuit y of $1: n = 3, i = 5% (PVA of $1) **pres ent value of $1: n = 3, i = 5% (PV of $1) ezto.mhecloud.mcg r aw- hill.com/hm_accounting .tpx?todo= pr intviewSing le 5/5...
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This homework help was uploaded on 03/22/2014 for the course ACC 3000 taught by Professor He during the Fall '09 term at CUNY Baruch.

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