Patterson Company is about to issue $8,000,000 of 10-year bonds paying an 8% interest rate with interest payable semiannually. The discount rate for such securities is 10%. Below are time value of money factors that Patterson uses to calculate compounded interest. 
To the closest dollar, how much can Patterson expect to receive for the sale of these bonds?
Definitions:
Calories During Pregnancy
Refers to the recommended dietary intake of calories for women to maintain health and support fetal development during pregnancy.
Thalidomide
A drug that was once used to treat morning sickness in pregnant women but was found to cause severe birth defects when taken during pregnancy.
Birth Defects
Congenital disorders or abnormalities in structure, function, or metabolism present at birth that can lead to physical or mental disabilities.
Marijuana
A psychoactive drug from the Cannabis plant used medically or recreationally.
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