9 Brief Exercise C-14 (Algo) Calculate the present value of an annuity (LO C-5) 2 points Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV or $1. PV of $1. FVA of $1 and PVA of S1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) ook Annuity Payment $ 4.600 9,600 3,500 1. 2. 3. Annual Interest Period Rate Compounded invested 7.0% Annually 5 years 9,0% Semiannually 3 years 12.0% Quarterly 2 years Present Value of Annuity 18.860.92 Ask Print References