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14. Present and Future Values The present value of the following cash flow stream is $7,300 when discounted at 7.1 percent annually. What is the

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14. Present and Future Values The present value of the following cash flow stream is $7,300 when discounted at 7.1 percent annually. What is the value of the missing cash flow? [Hint: you may approach this question using PV of lump sum formula, discount individual cash flow one-by-one: PV-FV/(I+i S1,500 2,700 2,900 15. Amortization with Equal Payments. Prepare an amortization schedule for a three-year loan of $54,000. The interest rate is 8% per year, ant the loan calls for equal annual payments. How much interest is paid in the third year? How much total interest is paid over the life of the loan

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