Scott Matthew, Inc. issued $200,000 of 13%, eight-year bonds payable on January 1, 2018. The market...

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Scott Matthew, Inc. issued $200,000 of 13%, eight-year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannually. (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read the requirements. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) (Use the factor tables provided with factors rounded to three decimal places. Round all currency amounts to the nearest dollar.) Upon issuance of the bonds payable, the company received 1. 2. 3. (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Requirements How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.) Journalize the issuance of the bonds on January 1, 2018, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2018, and December 31, 2018. Explanations are not required. Print Done Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 0.990 0.980 0.935 0.971 0.962 0.952 0.943 0.943 0.925 0.907 0.890 0.980 0.961 0.873 0.915 0.889 0.864 0.840 0.816 0.971 0.942 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.951 0.906 0.863 0.822 0.784 0.747 0.713 Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0.630 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.583 0.789 0.731 0.677 0.627 0.582 0.540 0.914 0.837 0.766 0.703 0.645 0.592 0.544 0.500 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.923 0.853 0.887 0.788 0.701 0.879 0.773 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.625 0.557 0.497 0.444 0.681 0.601 0.530 0.469 0.415 0.661 0.642 0.870 0.758 0.861 0.743 0.577 0.505 0.442 0.388 0.555 0.481 0.417 0.362 0.339 0.317 0.416 0.350 0.296 0.396 0.331 0.277 0.377 0.312 0.258 0.853 0.728 0.844 0.714 0.836 0.700 0.587 0.494 0.828 0.686 0.570 0.475 0.820 0.673 0.554 0.456 0.623 0.534 0.458 0.394 0.605 0.513 0.436 0.371 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.718 0.694 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.482 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 0.811 0.660 0.803 0.647 0.522 0.795 0.634 0.788 0.622 0.780 0.610 0.252 0.218 0.107 0.093 0.071 0.054 0.093 0.080 0.060 0.045 0.231 0.198 0.199 0.538 0.439 0.359 0.294 0.242 0.422 0.342 0.278 0.226 0.507 0.406 0.326 0.262 0.211 0.492 0.390 0.163 0.123 0.146 0.108 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 0.164 0.135 0.093 0.064 0.053 0.044 0.031 0.022 0.184 0.150 0.123 0.083 0.056 0.046 0.038 0.026 0.018 0.170 0.138 0.112 0.074 0.049 0.040 0.033 0.022 0.015 0.158 0.126 0.102 0.066 0.043 0.035 0.028 0.019 0.013 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.016 0.010 0.135 0.106 0.084 0.053 0.125 0.098 0.076 0.047 0.029 0.023 0.018 0.011 0.007 0.116 0.090 0.069 0.042 0.026 0.020 0.016 0.010 0.006 0.749 0.563 0.107 0.082 0.063 0.037 0.022 0.017 0.014 0.008 0.005 0.742 0.552 0.099 0.075 0.057 0.033 0.020 0.015 0.012 0.007| 0.004 Period 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.011 0.005 0.004 0.003 Period 50 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.013 0.009 0.003 0.001 0.001 0.001 0.197 0.233 0.184 0.478 0.375 0.772 0.598 0.464 0.361 0.033 0.026 0.021 0.014 0.009 0.310 0.247 0.295 0.281 0.220 0.172 0.764 0.586 0.450 0.347 0.268 0.207 0.161 0.757 0.574 0.437 0.333 0.255 0.196 0.150 0.424 0.321 0.243 0.185 0.141 0.412 0.308 0.231 0.174 0.131 0.001 0.001 0.429 0.397 0.368 0.340 0.315 0.292 0.270 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.279 0.502 0.467 0.404 0.351 0.327 0.305 0.266 0.233 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 0.250 0.232 0.215 0.388 0.350 0.287 0.237 0.215 0.195 0.162 0.135 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 0.326 0.290 0.229 0.182 0.163 0.145 0.116 0.093 0.299 0.263 0,205 0.160 0.141 0.125 0.099 0.078 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 Periods 1% 1.010 1.020 1.030 1.041 1.051 Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 1.062 1.072 1.083 1.126 1.194 1.265 1.149 1.172 1.267 1.369 1.195 1.305 1.551 1.689 1.423 1.480 1.838 1.967 1.219 1.344 1.629 1.791 1.340 1.419 1.501 1.587 1.677 1.772 1.974 2.195 2.313 1.230 1.316 1.407 1.504 1.606 1.714 1.828 1.949 2.211 2.502 2.660 1.477 1.594 1.718 1.851 1.993 2.144 2.476 2.853 3.059 1.999 2.172 2.358 2.773 3.252 3.518 2.159 2.367 2.594 3.106 3.707 4.046 1.243 1.384 1.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.226 4.652 1.268 1.426 1.601 1.796 2.012 2.252 2.518 2.813 3.138 3.896 4.818 5.350 1.469 1.665 1.886 2.133 2.410 2.720 3.066 3.452 4.363 5.492 6.153 1.732 2.579 1.801 2.759 1.138 1.294 1.149 1.319 1.513 1.980 2.261 2.937 3.342 3.798 4.887 6.261 7.076 3.172 3.642 4.177 5.474 7.138 8.137 1.161 1.346 1.558 2.079 2.397 1.094 1.105 Future Value of $1 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.140 1.150 1.082 1.103 1.124 1.145 1.166 1.188 1.210 1.254 1.300 1.323 1.061 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 1.082 1.126 1.170 1.216 1.262 1.360 1.412 1.464 1.574 1.689 1.749 1.040 1.061 1.093 1.311 1.104 1.159 1.217 1.276 1.338 1.403 1.469 1.539 1.611 1.762 1.925 2.011 1.116 1.127 3.426 3.970 4.595 6.130 8.137 9.358 3.700 4.328 5.054 6.866 9.276 10.76 1.173 1.373 1.605 1.873 2.183 2.540 2.952 1.184 1.400 1.653 1.948 2.292 2.693 3.159 1.196 1.428 1.702 2.026 2.407 2.854 3.380 3.996 4.717 5.560 7.690 10.58 12.38 1.208 1.457 1.754 2.107 2.527 3.026 3.617 4.316 5.142 6.116 8.613 12.06 14.23 1.220 1.486 1.806 2.191 2.653 3.207 3.870 4.661 5.604 6.727 9.646 13.74 16.37 5.034 6.109 7.400 10.80 15.67 18.82 5.437 6.659 8.140 12.10 17.86 21.64 5.871 7.258 8.954 13.55 20.36 24.89 6.341 7.911 9.850 15.18 23.21 28.63 6.848 8.623 10.83 17.00 26.46 32.92 1.257 1.270 1.608 3.225 4.049 1.282 1.641 2.094 2.666 3.386 1.232 1.516 1.860 2.279 2.786 3.400 4.141 1.245 1.546 1.916 2.370 2.925 3.604 4.430 1.577 1.974 2.465 3.072 3.820 4.741 2.033 2.563 5.072 4.292 5.427 1.295 1.673 3.556 4.549 5.807 1.308 3.733 4.822 6.214 1.321 1.741 2.288 2.999 3.920 5.112 6.649 8.627 11.17 14.42 23.88 39.20 50.07 2.357 3.119 4.116 5.418 7.114 9.317 12.17 15.86 26.75 44.69 57.58 3.243 4.322 5.743 7.612 10.06 13.27 17.45 29.96 50.95 66.21 2.208 3.262 4.801 7.040 10.29 14.97 21.72 31.41 45.26 93.05 188.9 267.9 46.90 74.36 117.4 289.0 700.2 1,084 2.157 2.772 1.707 2.221 2.883 7.396 9.399 11.92 7.988 10.25 13.11 19.04 30.17 37.86 21.32 34.39 43.54 1.335 1.776 1.348 1.811 2.427 1.489 1.645 2.692 4.384 7.107 11.47 18.42 29.46 Periods 1% 2% Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 3% 4% 0.990 0.980 0.971 0.962 1.970 1.942 1.913 1.886 2.941 2.884 2.829 2.775 3.902 3.808 3.717 3.630 4.580 4.452 4.853 4.713 Period 40 Period 50 Present Value of Ordinary Annuity of $1 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 1.859 1.833 1.808 1.783 1.759 1.736 1.690 1.647 1.626 1.605 1.566 1.528 2.723 2.673 2.624 2.577 2.531 2.487 2.402 2.322 2.283 2.246 2.174 2.106 3.037 2.914 2.855 2.798 2.690 2.589 3.605 3.433 3.352 3.546 3.465 3.387 3.312 3.240 3.170 4.329 4.212 4.100 3.993 3.890 3.791 3.274 3.127 2.991 5.795 5.601 6.728 6.472 5.417 5.242 5.076 4.917 4.767 6.230 6.002 5.786 5.582 5.389 7.652 7.325 7.020 6.733 6.463 6.210 5.971 8.566 8.162 7.786 7.435 7.108 6.802 6.515 9.471 8.983 8.530 8.111 7.722 7.360 7.024 18.857 17.011 15.415 19.660 17.658 15.937 20.456 18.292 16.444 21.243 18.914 16.936 22.023 19.523 17.413 4.623 4.486 4.355 4.111 3.889 3.784 3.685 5.206 5.033 4.868 4.564 4.288 4.160 4.039 5.747 5.535 5.335 4.968 4.639 6.247 5.995 5.759 5.328 4.946 6.710 6.418 6.145 5.650 5.216 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 5.453 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.194 5.660 5.421 12.134 11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 6.424 5.842 5.583 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.724 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 6.811 6.142 5.847 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 14.029 12.821 11.764 10.836 14.451 13.163 12.042 11.061 14.857 13.489 12.303 11.272 15.247 13.799 12.550 11.469 15.622 14.094 12.783 11.654 10.017 9.292 8.649 10.201 9.442 8.772 10.371 9.580 8.883 10.529 9.707 8.985 10.675 9.823 9.077 3.498 3.326 3.812 3.605 4.078 3.837 4.487 4.344 4.772 4.607 4.303 4.031 5.019 4.833 4.494 4.192 5.234 5.029 4.656 4.327 5.197 4.793 4.439 5.342 4.910 4.533 5.468 5.008 4.611 5.575 5.092 4.675 6.974 6.265 5.954 5.669 5.162 4.730 7.120 6.373 6.047 5.749 5.222 4.775 7.250 6.128 5.81 5.273 4.812 7.366 6.550 6.198 5.877 5.316 4.844 7.469 6.623 6.259 5.929 5.353 4.870 7.562 6.687 6.312 5.973 5.384 4.891 7.645 6.743 6.359 6.011 5.410 4.909 7.718 6.792 6.399 6.044 5.432 4.925 7.784 6.835 6.434 6.073 5.451 4.937 7.843 6.873 6.464 6.097 5.467 4.948 5.480 4.956 5.492 4.964 22.795 20.121 17.877 23.560 20.707 18.327 24.316 21.281 18.764 25.066 21.844 19.188 15.983 14.375 13.003 11.826 10.810 9.929 9.161 7.896 6.906 6.491 6.118 16.330 14.643 13.211 11.987 10.935 10.027 9.237 7.943 6.935 6.514 6.136 16.663 14.898 13.406 12.137 11.051 10.116 9.307 7.984 6.961 6.534 6.152 5.502 4.970 16.984 15.141 13.591 12.278 11.158 10.198 9.370 8.022 6.983 6.551 6.166 5.510 4.975 17.292 15.372 13.765 12.409 11.258 10.274 9.427 8.055 7.003 6.566 6.177 5.517 4.979 8.244 7.105 6.642 6.233 5.548 4.997 8.304 7.133 6.661 6.246 5.554 4.999 25.808 22.396 19.600 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 39.196 31.424 25.730 21.482 18.256 15.762 13.801 12.233 10.962 9.915 Future Value of Ordinary Annuity of $1 9% 10% 12% 14% 15% Periods 1% 2% 1.000 1.000 3% 4% 5% 6% 7% 8% 1.000 1.000 1.000 1.000 2.030 | 2.040 2.050 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.080 2.090 2.100 2.120 2.140 2.150 2.010 2.020 2.060 2.070 3.030 3.060 3.184 3.215 3.246 3.278 3.310 3.374 3.440 3.473 4.060 3.091 3.122 3.153 4.122 4.184 4.246 4.310 4.375 4.440 4.506 4.573 4.641 4.779 4.921 4.993 5.751 5.867 5.985 6.105 6.353 6.610 6.742 5.101 5.204 5.309 5.416 5.526 5.637 Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 6.152 6.308 6.468 6.633 6.802 6.975 7.153 7.336 7.523 7.716 8.115 8.536 8.754 7.214 7.434 7.662 7.898 8.142 8.394 8.654 8.923 9.200 9.487 10.09 10.73 11.07 8.286 8.583 8.892 9.214 9.549 9.897 10.260 10.64 11.03 11.44 12.30 13.23 13.73 9.369 9.755 10.16 10.58 11.03 11.49 11.98 12.49 13.02 13.58 14.78 16.09 16.79 10.46 10.95 11.46 12.01 12.58 13.18 13.82 14.49 15.19 15.94 17.55 19.34 20.30 15.78 16.65 17.56 18.53 20.65 23.04 24.35 17.89 18.98 20.14 21.38 24.13 27.27 29.00 20.14 21.50 22.95 24.52 28.03 32.09 34.35 22.55 24.21 26.02 27.98 32.39 37.58 40.50 25.13 27.15 29.36 31.77 37.28 43.84 47.58 17.26 18.64 20.16 21.82 23.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.76 23.70 25.84 28.21 30.84 33.75 36.97 40.54 48.88 59.12 65.08 19.61 21.41 23.41 25.65 28.13 30.91 34.00 37.45 41.30 45.60 55.75 68.39 75.84 20.81 22.84 25.12 27.67 30.54 37.38 41.45 46.02 51.16 63.44 78.97 88.21 22.02 41.00 45.76 51.16 57.28 72.05 91.02 102.4 33.76 24.30 26.87 29.78 33.07 36.79 11.57 12.17 12.81 13.49 14.21 14.97 12.68 13.41 14.19 15.03 15.92 16.87 13.81 14.68 15.62 16.63 17.71 18.88 14.95 15.97 17.09 18.29 19.60 21.02 16.10 17.29 18.60 20.02 21.58 23.28 44.87 50.42 56.76 64.00 81.70 104.8 118.8 49.01 55.46 62.87 71.40 92.50 120.4 137.6 60.89 69.53 79.54 104.6 138.3 159.3 53.44 58.18 66.76 76.79 88.50 63.25 73.11 84.70 98.35 118.2 158.7 184.2 133.3 181.9 212.8 29.53 33.67 38.55 44.31 51.11 59.16 30.82 35.34 40.71 47.08 54.67 63.71 68.68 79.95 93.32 109.2 150.3 208.3 245.7 74.48 87.35 102.7 121.1 169.4 238.5 283.6 80.70 95.34 113.0 134.2 190.7 272.9 327.1 87.35 32.13 37.05 42.93 49.97 58.40 68.53 33.45 38.79 45.22 52.97 62.32 73.64 104.0 124.1 148.6 214.6 312.1 377.2 34.78 40.57 47.58 56.08 66.44 79.06 94.46 113.3 136.3 164.5 241.3 356.8 434.7 48.89 60.40 75.40 95.03 120.8 154.8 199.6 259.1 337.9 442.6 767.1 1,342 1,779 64.46 84.58 112.8 152.7 209.3 290.3 406.5 573.8 815.1 1,164 2,400 4,995 7,218 23.24 25.78 28.68 31.97 35.72 24.47 27.30 30.54 34.25 38.51 25.72 28.85 32.45 36.62 39.08 26.97 30.42 34.43 28.24 32.03 36.46 41.65 39.99 43.39 41.43 47.00 44.50 50.82 47.73 54.86 Scott Matthew, Inc. issued $200,000 of 13%, eight-year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannually. (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read the requirements. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) (Use the factor tables provided with factors rounded to three decimal places. Round all currency amounts to the nearest dollar.) Upon issuance of the bonds payable, the company received 1. 2. 3. (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Requirements How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.) Journalize the issuance of the bonds on January 1, 2018, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2018, and December 31, 2018. Explanations are not required. Print Done Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 0.990 0.980 0.935 0.971 0.962 0.952 0.943 0.943 0.925 0.907 0.890 0.980 0.961 0.873 0.915 0.889 0.864 0.840 0.816 0.971 0.942 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.951 0.906 0.863 0.822 0.784 0.747 0.713 Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0.630 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.583 0.789 0.731 0.677 0.627 0.582 0.540 0.914 0.837 0.766 0.703 0.645 0.592 0.544 0.500 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.923 0.853 0.887 0.788 0.701 0.879 0.773 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.625 0.557 0.497 0.444 0.681 0.601 0.530 0.469 0.415 0.661 0.642 0.870 0.758 0.861 0.743 0.577 0.505 0.442 0.388 0.555 0.481 0.417 0.362 0.339 0.317 0.416 0.350 0.296 0.396 0.331 0.277 0.377 0.312 0.258 0.853 0.728 0.844 0.714 0.836 0.700 0.587 0.494 0.828 0.686 0.570 0.475 0.820 0.673 0.554 0.456 0.623 0.534 0.458 0.394 0.605 0.513 0.436 0.371 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.718 0.694 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.482 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.402 0.811 0.660 0.803 0.647 0.522 0.795 0.634 0.788 0.622 0.780 0.610 0.252 0.218 0.107 0.093 0.071 0.054 0.093 0.080 0.060 0.045 0.231 0.198 0.199 0.538 0.439 0.359 0.294 0.242 0.422 0.342 0.278 0.226 0.507 0.406 0.326 0.262 0.211 0.492 0.390 0.163 0.123 0.146 0.108 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 0.164 0.135 0.093 0.064 0.053 0.044 0.031 0.022 0.184 0.150 0.123 0.083 0.056 0.046 0.038 0.026 0.018 0.170 0.138 0.112 0.074 0.049 0.040 0.033 0.022 0.015 0.158 0.126 0.102 0.066 0.043 0.035 0.028 0.019 0.013 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.016 0.010 0.135 0.106 0.084 0.053 0.125 0.098 0.076 0.047 0.029 0.023 0.018 0.011 0.007 0.116 0.090 0.069 0.042 0.026 0.020 0.016 0.010 0.006 0.749 0.563 0.107 0.082 0.063 0.037 0.022 0.017 0.014 0.008 0.005 0.742 0.552 0.099 0.075 0.057 0.033 0.020 0.015 0.012 0.007| 0.004 Period 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.011 0.005 0.004 0.003 Period 50 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.013 0.009 0.003 0.001 0.001 0.001 0.197 0.233 0.184 0.478 0.375 0.772 0.598 0.464 0.361 0.033 0.026 0.021 0.014 0.009 0.310 0.247 0.295 0.281 0.220 0.172 0.764 0.586 0.450 0.347 0.268 0.207 0.161 0.757 0.574 0.437 0.333 0.255 0.196 0.150 0.424 0.321 0.243 0.185 0.141 0.412 0.308 0.231 0.174 0.131 0.001 0.001 0.429 0.397 0.368 0.340 0.315 0.292 0.270 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.279 0.502 0.467 0.404 0.351 0.327 0.305 0.266 0.233 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 0.250 0.232 0.215 0.388 0.350 0.287 0.237 0.215 0.195 0.162 0.135 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 0.326 0.290 0.229 0.182 0.163 0.145 0.116 0.093 0.299 0.263 0,205 0.160 0.141 0.125 0.099 0.078 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 Periods 1% 1.010 1.020 1.030 1.041 1.051 Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 1.062 1.072 1.083 1.126 1.194 1.265 1.149 1.172 1.267 1.369 1.195 1.305 1.551 1.689 1.423 1.480 1.838 1.967 1.219 1.344 1.629 1.791 1.340 1.419 1.501 1.587 1.677 1.772 1.974 2.195 2.313 1.230 1.316 1.407 1.504 1.606 1.714 1.828 1.949 2.211 2.502 2.660 1.477 1.594 1.718 1.851 1.993 2.144 2.476 2.853 3.059 1.999 2.172 2.358 2.773 3.252 3.518 2.159 2.367 2.594 3.106 3.707 4.046 1.243 1.384 1.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.226 4.652 1.268 1.426 1.601 1.796 2.012 2.252 2.518 2.813 3.138 3.896 4.818 5.350 1.469 1.665 1.886 2.133 2.410 2.720 3.066 3.452 4.363 5.492 6.153 1.732 2.579 1.801 2.759 1.138 1.294 1.149 1.319 1.513 1.980 2.261 2.937 3.342 3.798 4.887 6.261 7.076 3.172 3.642 4.177 5.474 7.138 8.137 1.161 1.346 1.558 2.079 2.397 1.094 1.105 Future Value of $1 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.140 1.150 1.082 1.103 1.124 1.145 1.166 1.188 1.210 1.254 1.300 1.323 1.061 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 1.082 1.126 1.170 1.216 1.262 1.360 1.412 1.464 1.574 1.689 1.749 1.040 1.061 1.093 1.311 1.104 1.159 1.217 1.276 1.338 1.403 1.469 1.539 1.611 1.762 1.925 2.011 1.116 1.127 3.426 3.970 4.595 6.130 8.137 9.358 3.700 4.328 5.054 6.866 9.276 10.76 1.173 1.373 1.605 1.873 2.183 2.540 2.952 1.184 1.400 1.653 1.948 2.292 2.693 3.159 1.196 1.428 1.702 2.026 2.407 2.854 3.380 3.996 4.717 5.560 7.690 10.58 12.38 1.208 1.457 1.754 2.107 2.527 3.026 3.617 4.316 5.142 6.116 8.613 12.06 14.23 1.220 1.486 1.806 2.191 2.653 3.207 3.870 4.661 5.604 6.727 9.646 13.74 16.37 5.034 6.109 7.400 10.80 15.67 18.82 5.437 6.659 8.140 12.10 17.86 21.64 5.871 7.258 8.954 13.55 20.36 24.89 6.341 7.911 9.850 15.18 23.21 28.63 6.848 8.623 10.83 17.00 26.46 32.92 1.257 1.270 1.608 3.225 4.049 1.282 1.641 2.094 2.666 3.386 1.232 1.516 1.860 2.279 2.786 3.400 4.141 1.245 1.546 1.916 2.370 2.925 3.604 4.430 1.577 1.974 2.465 3.072 3.820 4.741 2.033 2.563 5.072 4.292 5.427 1.295 1.673 3.556 4.549 5.807 1.308 3.733 4.822 6.214 1.321 1.741 2.288 2.999 3.920 5.112 6.649 8.627 11.17 14.42 23.88 39.20 50.07 2.357 3.119 4.116 5.418 7.114 9.317 12.17 15.86 26.75 44.69 57.58 3.243 4.322 5.743 7.612 10.06 13.27 17.45 29.96 50.95 66.21 2.208 3.262 4.801 7.040 10.29 14.97 21.72 31.41 45.26 93.05 188.9 267.9 46.90 74.36 117.4 289.0 700.2 1,084 2.157 2.772 1.707 2.221 2.883 7.396 9.399 11.92 7.988 10.25 13.11 19.04 30.17 37.86 21.32 34.39 43.54 1.335 1.776 1.348 1.811 2.427 1.489 1.645 2.692 4.384 7.107 11.47 18.42 29.46 Periods 1% 2% Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 3% 4% 0.990 0.980 0.971 0.962 1.970 1.942 1.913 1.886 2.941 2.884 2.829 2.775 3.902 3.808 3.717 3.630 4.580 4.452 4.853 4.713 Period 40 Period 50 Present Value of Ordinary Annuity of $1 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 1.859 1.833 1.808 1.783 1.759 1.736 1.690 1.647 1.626 1.605 1.566 1.528 2.723 2.673 2.624 2.577 2.531 2.487 2.402 2.322 2.283 2.246 2.174 2.106 3.037 2.914 2.855 2.798 2.690 2.589 3.605 3.433 3.352 3.546 3.465 3.387 3.312 3.240 3.170 4.329 4.212 4.100 3.993 3.890 3.791 3.274 3.127 2.991 5.795 5.601 6.728 6.472 5.417 5.242 5.076 4.917 4.767 6.230 6.002 5.786 5.582 5.389 7.652 7.325 7.020 6.733 6.463 6.210 5.971 8.566 8.162 7.786 7.435 7.108 6.802 6.515 9.471 8.983 8.530 8.111 7.722 7.360 7.024 18.857 17.011 15.415 19.660 17.658 15.937 20.456 18.292 16.444 21.243 18.914 16.936 22.023 19.523 17.413 4.623 4.486 4.355 4.111 3.889 3.784 3.685 5.206 5.033 4.868 4.564 4.288 4.160 4.039 5.747 5.535 5.335 4.968 4.639 6.247 5.995 5.759 5.328 4.946 6.710 6.418 6.145 5.650 5.216 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 5.453 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 6.194 5.660 5.421 12.134 11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 6.424 5.842 5.583 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.724 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 6.811 6.142 5.847 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 14.029 12.821 11.764 10.836 14.451 13.163 12.042 11.061 14.857 13.489 12.303 11.272 15.247 13.799 12.550 11.469 15.622 14.094 12.783 11.654 10.017 9.292 8.649 10.201 9.442 8.772 10.371 9.580 8.883 10.529 9.707 8.985 10.675 9.823 9.077 3.498 3.326 3.812 3.605 4.078 3.837 4.487 4.344 4.772 4.607 4.303 4.031 5.019 4.833 4.494 4.192 5.234 5.029 4.656 4.327 5.197 4.793 4.439 5.342 4.910 4.533 5.468 5.008 4.611 5.575 5.092 4.675 6.974 6.265 5.954 5.669 5.162 4.730 7.120 6.373 6.047 5.749 5.222 4.775 7.250 6.128 5.81 5.273 4.812 7.366 6.550 6.198 5.877 5.316 4.844 7.469 6.623 6.259 5.929 5.353 4.870 7.562 6.687 6.312 5.973 5.384 4.891 7.645 6.743 6.359 6.011 5.410 4.909 7.718 6.792 6.399 6.044 5.432 4.925 7.784 6.835 6.434 6.073 5.451 4.937 7.843 6.873 6.464 6.097 5.467 4.948 5.480 4.956 5.492 4.964 22.795 20.121 17.877 23.560 20.707 18.327 24.316 21.281 18.764 25.066 21.844 19.188 15.983 14.375 13.003 11.826 10.810 9.929 9.161 7.896 6.906 6.491 6.118 16.330 14.643 13.211 11.987 10.935 10.027 9.237 7.943 6.935 6.514 6.136 16.663 14.898 13.406 12.137 11.051 10.116 9.307 7.984 6.961 6.534 6.152 5.502 4.970 16.984 15.141 13.591 12.278 11.158 10.198 9.370 8.022 6.983 6.551 6.166 5.510 4.975 17.292 15.372 13.765 12.409 11.258 10.274 9.427 8.055 7.003 6.566 6.177 5.517 4.979 8.244 7.105 6.642 6.233 5.548 4.997 8.304 7.133 6.661 6.246 5.554 4.999 25.808 22.396 19.600 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 39.196 31.424 25.730 21.482 18.256 15.762 13.801 12.233 10.962 9.915 Future Value of Ordinary Annuity of $1 9% 10% 12% 14% 15% Periods 1% 2% 1.000 1.000 3% 4% 5% 6% 7% 8% 1.000 1.000 1.000 1.000 2.030 | 2.040 2.050 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.080 2.090 2.100 2.120 2.140 2.150 2.010 2.020 2.060 2.070 3.030 3.060 3.184 3.215 3.246 3.278 3.310 3.374 3.440 3.473 4.060 3.091 3.122 3.153 4.122 4.184 4.246 4.310 4.375 4.440 4.506 4.573 4.641 4.779 4.921 4.993 5.751 5.867 5.985 6.105 6.353 6.610 6.742 5.101 5.204 5.309 5.416 5.526 5.637 Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 6.152 6.308 6.468 6.633 6.802 6.975 7.153 7.336 7.523 7.716 8.115 8.536 8.754 7.214 7.434 7.662 7.898 8.142 8.394 8.654 8.923 9.200 9.487 10.09 10.73 11.07 8.286 8.583 8.892 9.214 9.549 9.897 10.260 10.64 11.03 11.44 12.30 13.23 13.73 9.369 9.755 10.16 10.58 11.03 11.49 11.98 12.49 13.02 13.58 14.78 16.09 16.79 10.46 10.95 11.46 12.01 12.58 13.18 13.82 14.49 15.19 15.94 17.55 19.34 20.30 15.78 16.65 17.56 18.53 20.65 23.04 24.35 17.89 18.98 20.14 21.38 24.13 27.27 29.00 20.14 21.50 22.95 24.52 28.03 32.09 34.35 22.55 24.21 26.02 27.98 32.39 37.58 40.50 25.13 27.15 29.36 31.77 37.28 43.84 47.58 17.26 18.64 20.16 21.82 23.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.76 23.70 25.84 28.21 30.84 33.75 36.97 40.54 48.88 59.12 65.08 19.61 21.41 23.41 25.65 28.13 30.91 34.00 37.45 41.30 45.60 55.75 68.39 75.84 20.81 22.84 25.12 27.67 30.54 37.38 41.45 46.02 51.16 63.44 78.97 88.21 22.02 41.00 45.76 51.16 57.28 72.05 91.02 102.4 33.76 24.30 26.87 29.78 33.07 36.79 11.57 12.17 12.81 13.49 14.21 14.97 12.68 13.41 14.19 15.03 15.92 16.87 13.81 14.68 15.62 16.63 17.71 18.88 14.95 15.97 17.09 18.29 19.60 21.02 16.10 17.29 18.60 20.02 21.58 23.28 44.87 50.42 56.76 64.00 81.70 104.8 118.8 49.01 55.46 62.87 71.40 92.50 120.4 137.6 60.89 69.53 79.54 104.6 138.3 159.3 53.44 58.18 66.76 76.79 88.50 63.25 73.11 84.70 98.35 118.2 158.7 184.2 133.3 181.9 212.8 29.53 33.67 38.55 44.31 51.11 59.16 30.82 35.34 40.71 47.08 54.67 63.71 68.68 79.95 93.32 109.2 150.3 208.3 245.7 74.48 87.35 102.7 121.1 169.4 238.5 283.6 80.70 95.34 113.0 134.2 190.7 272.9 327.1 87.35 32.13 37.05 42.93 49.97 58.40 68.53 33.45 38.79 45.22 52.97 62.32 73.64 104.0 124.1 148.6 214.6 312.1 377.2 34.78 40.57 47.58 56.08 66.44 79.06 94.46 113.3 136.3 164.5 241.3 356.8 434.7 48.89 60.40 75.40 95.03 120.8 154.8 199.6 259.1 337.9 442.6 767.1 1,342 1,779 64.46 84.58 112.8 152.7 209.3 290.3 406.5 573.8 815.1 1,164 2,400 4,995 7,218 23.24 25.78 28.68 31.97 35.72 24.47 27.30 30.54 34.25 38.51 25.72 28.85 32.45 36.62 39.08 26.97 30.42 34.43 28.24 32.03 36.46 41.65 39.99 43.39 41.43 47.00 44.50 50.82 47.73 54.86

Answer rating: 100% (QA)

To calculate how much cash the company received upon issuance of the bonds payable we need to determine the present value of the bond which includes t... View the full answer