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

question 80

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

Present Value of Annuity of $1 at Compound Interest

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