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A bond with a face value of $5,000 pays quarterly interest of 3.5 percent each period. Thirty-four interest payments remain before the bond matures. How much would you be willing to pay for this bond today if the next interest payment is due now and you want to earn 8 percent compounded quarterly on your money? Click the icon to view the table of compound interest factors for discrete compounding periods when i=2%. You should pay ???

A bond with a face value of $5,000 pays quarterly interest of 3.5 percent each period. Thirty-four interest payments remain before the bond matures. How much would you be willing to pay for this bond today if the next interest payment is due now and you want to earn 8 percent compounded quarterly on your money? Click the icon to view the table of compound interest factors for discrete compounding periods when i=2%. You should pay ???

SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter16: Multijurisdictional Taxation
Section: Chapter Questions
Problem 38P
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A bond with a face value of $5,000 pays quarterly interest of 3.5 percent each period. Thirty-four interest payments remain before the bond matures. How much would you be willing to pay for this bond today if the next interest payment is due now and you want to earn 8 percent compounded quarterly on your money? Click the icon to view the table of compound interest factors for discrete compounding periods when i=2%. You should pay ???
Single Payment Uniform Series Series Arithmetic Compound Present Amount Sinking Fund Uniform Сapital Recovery Factor Present Gradient Worth Series Worth Series Factor Factor Factor Factor Factor Factor, (F/P,i,N) (P/F,i,N) 0.98039 (A/F,i,N)- 1.00000 (F/A,i,N) (A/P,i,N) * 1.0200 (P/A,i,N) 0.98039 (A/G,i,N) 0.00000 1 1.0200 1.0000 1.0404 0.96117 0.49505 2.0200 0.51505 1.9416 0.49505 1.0612 0.94232 0.32675 3.0604 0.34675 2.8839 0.98680 4 1.0824 0.92385 0.24262 4.1216 0.26262 3.8077 1.4752 1.1041 0.90573 0.19216 5.2040 0.21216 4.7135 1.9604 1.1262 0.88797 0.15853 6.3081 0.17853 5.6014 2.4423 7 1.1487 0.87056 0.13451 7.4343 0.15451 6.4720 2.9208 8 1.1717 0.85349 .11651 8.5830 0.13651 7.3255 3.3961 9. 1.1951 0.83676 0.10252 9.7546 0.12252 8.1622 3.8681 10 1.2190 0.82035 0.09133 10.950 0.11133 8.9826 4.3367 11 1.2434 0.80426 0.08218 12.169 0.10218 9.7868 4.8021 12 1.2682 0.78849 0.07456 13.412 0.09456 10.575 5.2642 13 1.2936 0.77303 0.06812 14.680 0.08812 11.348 5.7231 14 1.3195 0.75788 0.06260 15.974 0.08260 12.106 6.1786 15 1.3459 0.74301 0.05783 17.293 0.07783 12.849 6.6309 16 1.3728 0.72845 0.05365 18.639 0.07365 13.578 7.0799 17 1.4002 0.71416 0.04997 20.012 0.06997 14.292 7.5256 18 1.4282 0.70016 0.04670 0.04378 21.412 0.06670 14.992 7.9681 19 1.4568 0.68643 22.841 0.06378 15.678 8.4073 20 1.4859 0.67297 0.04116 24.297 0.06116 16.351 8.8433 9 2760 21 15157 0 65978 00387R 25 783 0 05878 17.011
Transcribed Image Text:Single Payment Uniform Series Series Arithmetic Compound Present Amount Sinking Fund Uniform Сapital Recovery Factor Present Gradient Worth Series Worth Series Factor Factor Factor Factor Factor Factor, (F/P,i,N) (P/F,i,N) 0.98039 (A/F,i,N)- 1.00000 (F/A,i,N) (A/P,i,N) * 1.0200 (P/A,i,N) 0.98039 (A/G,i,N) 0.00000 1 1.0200 1.0000 1.0404 0.96117 0.49505 2.0200 0.51505 1.9416 0.49505 1.0612 0.94232 0.32675 3.0604 0.34675 2.8839 0.98680 4 1.0824 0.92385 0.24262 4.1216 0.26262 3.8077 1.4752 1.1041 0.90573 0.19216 5.2040 0.21216 4.7135 1.9604 1.1262 0.88797 0.15853 6.3081 0.17853 5.6014 2.4423 7 1.1487 0.87056 0.13451 7.4343 0.15451 6.4720 2.9208 8 1.1717 0.85349 .11651 8.5830 0.13651 7.3255 3.3961 9. 1.1951 0.83676 0.10252 9.7546 0.12252 8.1622 3.8681 10 1.2190 0.82035 0.09133 10.950 0.11133 8.9826 4.3367 11 1.2434 0.80426 0.08218 12.169 0.10218 9.7868 4.8021 12 1.2682 0.78849 0.07456 13.412 0.09456 10.575 5.2642 13 1.2936 0.77303 0.06812 14.680 0.08812 11.348 5.7231 14 1.3195 0.75788 0.06260 15.974 0.08260 12.106 6.1786 15 1.3459 0.74301 0.05783 17.293 0.07783 12.849 6.6309 16 1.3728 0.72845 0.05365 18.639 0.07365 13.578 7.0799 17 1.4002 0.71416 0.04997 20.012 0.06997 14.292 7.5256 18 1.4282 0.70016 0.04670 0.04378 21.412 0.06670 14.992 7.9681 19 1.4568 0.68643 22.841 0.06378 15.678 8.4073 20 1.4859 0.67297 0.04116 24.297 0.06116 16.351 8.8433 9 2760 21 15157 0 65978 00387R 25 783 0 05878 17.011
19 1.4568 0.68643 0.04378 22.841 0.06378 15.678 8.4073 20 1.4859 0.67297 0.04116 24.297 0.06116 16.351 8.8433 21 1.5157 0.65978 0.03878 25.783 27.299 0.05878 17.011 9.2760 22 1.5460 0.64684 0.03663 0.05663 17.658 9.7055 10.132 23 1.5769 0.63416 0.03467 28.845 0.05467 18.292 24 1.6084 0.62172 0.03287 30.422 0.05287 18.914 10.555 25 1.6406 0.60953 0.03122 32.030 0.05122 19.523 10.974 26 1.6734 0.59758 0.02970 33.671 0.04970 20.121 11.391 27 1.7069 0.58586 0.02829 35.344 0.04829 20.707 11.804 28 1.7410 0.57437 0.02699 37.051 0.04699 21.281 12.214 29 1.7758 0.56311 0.02578 38.792 0.04578 21.844 12.621 30 1.8114 0.55207 0.02465 40.568 0.04465 22.396 13.025 31 1.8476 0.54125 0.02360 42.379 0.04360 22.938 13.426 32 1.8845 0.53063 0.02261 44.227 0.04261 23.468 13.823 33 1.9222 0.52023 0.02169 46.112 0.04169 23.989 14.217 34 1.9607 0.51003 0.02082 48.034 0.04082 24.499 14.608 35 1.9999 0.50003 0.02000 49.994 0.04000 24.999 14.996 40 2.2080 0.45289 0.01656 60.402 0.03656 27.355 16.889 45 2.4379 0.41020 0.01391 71.893 0.03391 29.490 18.703 50 2.6916 0.37153 0.01182 84.579 0.03182 31.424 20.442 55 2.9717 0.33650 0.01014 98.587 0.03014 33.175 22.106 60 3.2810 0.30478 0.00877 114.05 0.02877 34.761 23.696 65 3.6225 0.27605 0.00763 131.13 0.02763 36.197 25.215 70 3.9996 0.25003 0.00667 149.98 0.02667 37.499 26.663 75 4.4158 0.22646 0.00586 170.79 0.02586 38.677 28.043 80 4.8754 0.20511 0.00516 193.77 0.02516 39.745 29.357 85 5.3829 0.18577 0.00456 219.14 0.02456 40.711 30.606
Transcribed Image Text:19 1.4568 0.68643 0.04378 22.841 0.06378 15.678 8.4073 20 1.4859 0.67297 0.04116 24.297 0.06116 16.351 8.8433 21 1.5157 0.65978 0.03878 25.783 27.299 0.05878 17.011 9.2760 22 1.5460 0.64684 0.03663 0.05663 17.658 9.7055 10.132 23 1.5769 0.63416 0.03467 28.845 0.05467 18.292 24 1.6084 0.62172 0.03287 30.422 0.05287 18.914 10.555 25 1.6406 0.60953 0.03122 32.030 0.05122 19.523 10.974 26 1.6734 0.59758 0.02970 33.671 0.04970 20.121 11.391 27 1.7069 0.58586 0.02829 35.344 0.04829 20.707 11.804 28 1.7410 0.57437 0.02699 37.051 0.04699 21.281 12.214 29 1.7758 0.56311 0.02578 38.792 0.04578 21.844 12.621 30 1.8114 0.55207 0.02465 40.568 0.04465 22.396 13.025 31 1.8476 0.54125 0.02360 42.379 0.04360 22.938 13.426 32 1.8845 0.53063 0.02261 44.227 0.04261 23.468 13.823 33 1.9222 0.52023 0.02169 46.112 0.04169 23.989 14.217 34 1.9607 0.51003 0.02082 48.034 0.04082 24.499 14.608 35 1.9999 0.50003 0.02000 49.994 0.04000 24.999 14.996 40 2.2080 0.45289 0.01656 60.402 0.03656 27.355 16.889 45 2.4379 0.41020 0.01391 71.893 0.03391 29.490 18.703 50 2.6916 0.37153 0.01182 84.579 0.03182 31.424 20.442 55 2.9717 0.33650 0.01014 98.587 0.03014 33.175 22.106 60 3.2810 0.30478 0.00877 114.05 0.02877 34.761 23.696 65 3.6225 0.27605 0.00763 131.13 0.02763 36.197 25.215 70 3.9996 0.25003 0.00667 149.98 0.02667 37.499 26.663 75 4.4158 0.22646 0.00586 170.79 0.02586 38.677 28.043 80 4.8754 0.20511 0.00516 193.77 0.02516 39.745 29.357 85 5.3829 0.18577 0.00456 219.14 0.02456 40.711 30.606
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