7 Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2021, of a five-period annual annuity of $2,900 under each of the following situations: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 10 points Skipped 1. The first payment is received on December 31, 2022, and interest is compounded annually. 2. The first payment is received on December 31, 2021, and interest is compounded annually. 3. The first payment is received on December 31, 2022, and interest is compounded quarterly. eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Required 3 References The first payment is received on December 31, 2022, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) Table or calculator function: Payment: PV - 12/31/2021: Required 1 Required 2 > 7 Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2021, of a five-period annual annuity of $2,900 under each of the following situations: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 10 points Skipped 1. The first payment is received on December 31, 2022, and interest is compounded annually. 2. The first payment is received on December 31, 2021, and interest is compounded annually. 3. The first payment is received on December 31, 2022, and interest is compounded quarterly. eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Required 3 References The first payment is received on December 31, 2021, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) Table or calculator function: Payment: n- PV - 12/31/2021 7 Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2021, of a five-period annual annuity of $2,900 under each of the following situations: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 10 points Skipped 1. The first payment is received on December 31, 2022, and interest is compounded annually. 2. The first payment is received on December 31, 2021, and interest is compounded annually. 3. The first payment is received on December 31, 2022, and interest is compounded quarterly. eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Required 3 References The first payment is received on December 31, 2022, and interest is compounded quarterly. (Round your final answers to nearest whole dollar amount.) n= PV - 12/31/2021 Deposit Date 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Deposit 2,900 2,900 2,900 2,900 2.900 12/31/2026 $ 0