Determine the future value of the following single amounts (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.): Future Value Invested Amount 18,000 $ 28,000 40,000 S 61,000 i = 8% 5% 5% 8% n = 87 15 10 8 $ 4. Harding Company is in the process of purchasing several large pieces of equipment from Danning Machine Corporation. Several financing alternatives have been offered by Danning: (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.) 1. Pay $1,130,000 in cash immediately. 2. Pay $402.000 immediately and the remainder in 12 annual installments of $90,000, with the first installment due in one year. 3. Make 12 annual installments of $132,000 with the first payment due immediately. 4. Make one lump-sum payment of $1,720,000 six years from date of purchase. Required: Determine the best alternative for Harding, assuming that Harding can borrow funds at a 7% interest rate. (Round your final answers to nearest whole dollar amount.) - PV Option 1 Option 2 Option 3 Option 4 The best alternative for Harding John Rider wants to accumulate $110,000 to be used for his daughter's college education. He would like to have the amount available on December 31, 2026. Assume that the funds will accumulate in a certificate of deposit paying 8% interest compounded annually. (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.) Answer each of the following independent questions. Required: 1. If John were to deposit a single amount, how much would he have to invest on December 31, 2021? 2. If John were to make five equal deposits on each December 31, beginning a year later, on December 31, 2022, what is the required amount of each deposit? 3. If John were to make five equal deposits on each December 31, beginning now, on December 31, 2021, what is the required amount of each deposit? (For all requirements, Round your final answers to nearest whole dollar amount.) 1. Amount 2. Annuity amount 3. Annuity amount