Wiley Plus Exercise 6-7, Please provide explanation

Exercise 6-7 What would you pay for a $105,000 debenture bond that matures in 15 years and pays $5,250 a year in interest if you wanted to earn a yield of: Click here to view factor tables 2%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places,e.g. 458,581.) Amount to Pay LINK TO TEXT 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Amount to Pay LINK TO TEXT