A company issued a bond worth $50,000 with 10% interest payable semi-annually over the next 5 years.

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A company issued a bond worth $50,000 with 10% interest payable semi-annually over the next 5 years. Calculate for the future value of the bond using the table below: Period Factor

1 0.9524

2 0.9070

3 0.8638

4 0.8227

5 0.7835

6 0.7462

7 0.7107

8 0.6768

9 0.6446

10 0.6139

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Posted Date: Apr 18, 2024 02:03 AM

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A company issued a bond worth $50,000 with 10% interest payable semi-annually over the next 5 years.

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Engineering economy

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