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 Year Received $ 9,000 9,600 11,200 13,400 Year Received 2022 2023 2025 2027 Total i= 8% 8% 8% 8% 2022 2023 2025 2027 Answer is complete but not entirely correct. n= Payment 4 X $ 9,000 8 X 9,600 12 X 11,200 16 X 13,400 Present Value $ 6,615 X 5,187 4,448 3,911 20,161

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%. (EV 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.) Answer is complete but not entirely correct