Question: please help! need to use the factor table for present value factor and solve. Crane Enterprises issued 6%,8-year, $2,050,000 par value bonds that pay interest

please help! need to use the factor table for present value factor and solve.

and solve. Crane Enterprises issued 6%,8-year, $2,050,000 par value bonds that pay

Crane Enterprises issued 6%,8-year, $2,050,000 par value bonds that pay interest annually on April 1. The bonds are dated April 1 . 2025 , and are issued on that date. The discount rate of interest for such bonds on Apri1 1, 2025, is 8\%. Click here to view the factor table: (For catcutation purposes, use 5 declmal places as displayed in the foctor table provided.) What cash proceeds did Crane recelve from issuance of the bonds? (Round answer to O decimal places, e.g. 125.) Cash proceeds from issuance of the bonds $

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