Use the Following Information for Questions

question 2

Multiple Choice

Use the following information for questions.
On January 1, 2017, Satin Corp.issued eight-year, 6% bonds with a face value of $500,000, with interest payable semi-annually on June 30 and December 31.The bonds were sold to yield 8%.Table values are:
-The present value of the principal is

• A)$267,000.
• B)$270,000.
• C)$311,500.
• D)$313,500.

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Definitions:

Intellectual Performance

Intellectual performance encompasses cognitive processes such as thinking, reasoning, problem-solving, and memory, reflecting an individual’s capability to learn, make decisions, and adapt to new situations.

Base-10 Number System

The decimal system of numeration based on the use of ten as a base, utilizing digits 0 through 9.

Irregular Number Words

Terms that do not follow the standard pattern or sequence in the linguistic expression of numbers.