Use the Following Tables to Calculate the Present Value of a $25,000

question 172

Essay

Use the following tables to calculate the present value of a $25,000, 7%, 5-year bond that pays $1,750 ($25,000 × 7%) interest annually, if the market rate of interest is 7%
Present Value of $1 at Compound Interest $$\begin{array} { | l | c | c | c | c | } \hline \text { Periods } & 5 \% & 6 \% & 7 \% & 10 \% \\\hline 1 & 0.95238 & 0.94340 & 0.93458 & 0.90909 \\\hline 2 & 0.90703 & 0.89000 & 0.87344 & 0.82645 \\\hline 3 & 0.86384 & 0.83962 & 0.81630 & 0.75132 \\\hline 4 & 0.82270 & 0.79209 & 0.76290 & 0.68301 \\\hline 5 & 0.78353 & 0.74726 & 0.71299 & 0.62092 \\\hline 6 & 0.74622 & 0.70496 & 0.66634 & 0.56447 \\\hline 7 & 0.71068 & 0.66506 & 0.62275 & 0.51316 \\\hline 8 & 0.67684 & 0.62741 & 0.58201 & 0.46651 \\\hline 9 & 0.64461 & 0.59190 & 0.54393 & 0.42410 \\\hline 10 & 0.61391 & 0.55840 & 0.50835 & 0.38554 \\\hline\end{array}$$ ​
Present Value of Annuity of $1 at Compound Interest $$\begin{array} { | l | c | c | c | c | } \hline \text { Periods } & 5 \% & 6 \% & 7 \% & 10 \% \\\hline 1 & 0.95238 & 0.94340 & 0.93458 & 0.90909 \\\hline 2 & 1.85941 & 1.83339 & 1.80802 & 1.73554 \\\hline 3 & 2.72325 & 2.67301 & 2.62432 & 2.48685 \\\hline 4 & 3.54595 & 3.46511 & 3.38721 & 3.16987 \\\hline 5 & 4.32948 & 4.21236 & 4.10020 & 3.79079 \\\hline 6 & 5.07569 & 4.91732 & 4.76654 & 4.35526 \\\hline 7 & 5.78637 & 5.58238 & 5.38929 & 4.86842 \\\hline 8 & 6.46321 & 6.20979 & 5.97130 & 5.33493 \\\hline 9 & 7.10782 & 6.80169 & 6.51523 & 5.75902 \\\hline 10 & 7.72174 & 7.36009 & 7.02358 & 6.14457 \\\hline\end{array}$$

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Individuals or entities responsible for overseeing the creation and production of artistic works such as films, music, and theater.

Racist Aesthetic

The embedded or intentional prioritization of certain races through visual, cultural, or stylistic choices that perpetuate stereotypes or discrimination.

Victoria's Secret

An American designer, manufacturer, and marketer of women's lingerie, womenswear, and beauty products.

Racial Domination

The systemic advantage of one racial group over others, enforced through policies, economic structures, and social norms.