6 Exercise B-10 Present values of annulties LO P3 C&H Ski Club recently borrowed money and agreed to pay It back with a series of six annual payments of $5,000 each. C&H subsequently borrows more money and agrees to pay it back with a series of four annual payments of $15,000 each. The annual interest rate for both loans is 9%. Find the present value of these two separate annuities. POSI, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) st Annuit Number of Interest Single Future x Table Factor Amount eriodsRate Hint 9101 3% 3% 3% 3% 3% s First payment Second payment Third payment Fourth payment Fifth payment Sixth payment 5.000 x 5,000 x 5.000 x 5,000 x 5.000 x 5,000 x Re erences cond Annuity Number of Interest Single Future x Table Factor Amount eriods Rate 9%| 3% 3% 3% $ First payment Second payment Third payment Fourth payment 15,000 | 15,000 x 15,000 x 15,000 x x