Use the Following Information for Questions 19-20

question 47

Multiple Choice

Use the following information for questions 19-20.
On January 1, 2020, Cotton Corp. issued eight-year, 3% bonds with a face value of $ 600,000, with interest payable semi-annually on June 30 and December 31. The bonds were sold to yield 4%. Table values are:
-The present value of the interest is

• A) $ 122,202.
• B) $ 126,360.
• C) $ 127,179.
• D) $ 131,850.

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Definitions:

Trust

The confidence or belief in the reliability, truth, ability, or strength of someone or something.

Functional Play

Play activities that involve simple, repetitive actions typically observed in young children, aiding in motor development and understanding of their environment.

Constructive Play

A form of play involving the manipulation of objects to create or build something, fostering skills in problem-solving and creativity.

Associative Play

A stage of play where children play together, sharing materials and interacting, but not with a common goal.