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Determine the combined present value as of December 31, 2016, of the following four payments to be received at the end of each of the

Determine the combined present value as of December 31, 2016, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1). Find N as well.

Payment Year Received
$ 5,000 2017
6,000 2018
8,000 2020
9,000

2022

2017 I=8% N=? PAYMENT= $5,000 PV=?

2018 I=8% N=? PAYMENT= $6,000 PV=?

2019 I=8% N=? PAYMENT= $8,000 PV=?

2020 I=8% N=? PAYEMNT= $9,000 PV=?

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