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Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the
Determine the combined present value as of December 31, 2021, 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) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Payment $10,000 10,500 Year Received 2022 2023 12,000 2025 14,500 2027 Year Received 3- Payment Present Value 2022 8% 1 $ 10,000 $ 9,260 2023 8% 2 10,500 940 2025 8% 4 12,000 2027 8% 6 14,500 Total $ 10,200
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