I dont understand how to calculate the interest amount. YLU Lu Homework: Time Value of MX https://ezto.mheducation.com/ext/map/index.ht...

 

I dont understand how to calculate the interest amount.

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YLU Lu Homework: Time Value of MX https://ezto.mheducation.com/ext/map/index.ht... AN M Question 6 - Homework: Tin X e Value of Money A... Saved A Help Save & E Chec Spiller Corporation plans to issue 10%, 6-year, $410,000 par value bonds payable that pa semiannually on June 30 and December 31. The bonds are dated January 1 of the curren are issued on that date. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 places and final answers to nearest whole dollar. If the market rate of interest for the bonds is 8% on the date of issue, what will be the total proceeds from the bond issue? Table Values are Based on: n = 12 4% Cash Flow Table Value Amount Present Value Present (maturity) value 0.6246 $ LA 410,000 $ 256,086 Interest (annuity) 9.3851 ] ences Total cash proceeds Mc Graw CHI 69F Sunny In Cold Blood Disposition Cause Code Esc < Prev 6 of 6 Next Q Search YLU Lu Homework: Time Value of MX https://ezto.mheducation.com/ext/map/index.ht... AN M Question 6 - Homework: Tin X e Value of Money A... Saved A Help Save & E Chec Spiller Corporation plans to issue 10%, 6-year, $410,000 par value bonds payable that pa semiannually on June 30 and December 31. The bonds are dated January 1 of the curren are issued on that date. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 places and final answers to nearest whole dollar. If the market rate of interest for the bonds is 8% on the date of issue, what will be the total proceeds from the bond issue? Table Values are Based on: n = 12 4% Cash Flow Table Value Amount Present Value Present (maturity) value 0.6246 $ LA 410,000 $ 256,086 Interest (annuity) 9.3851 ] ences Total cash proceeds Mc Graw CHI 69F Sunny In Cold Blood Disposition Cause Code Esc < Prev 6 of 6 Next Q Search