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Calculate the present value of the following single amounts. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Future Value Annual

Calculate the present value of the following single amounts. (FV of $1, PV of $1, FVA of $1, and PVA of $1)

Future Value Annual Rate Interest Compounded Period Invested Present Value
1. $9,300 5% Annually 4 years $7,651.11
2. 6,300 6% Semiannually 7 years
3. 5,300 16% Quarterly 3 years

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