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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

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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 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 t answers to nearest whole dollar amount.) Payment Year Received 2022 2023 2025 2027 $ 9,000 9,600 11,200 13,400 BOOK Print Payment Present Value ferences $ Year Received 2022 2023 2025 2027 Total 9,0001 9,600 11,200 13.400

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