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E9-15 (Algo) Computing a Present Value Involving an Annuity and a Single Payment LO 9-7 An investment will pay $16,600 at the end of each

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E9-15 (Algo) Computing a Present Value Involving an Annuity and a Single Payment LO 9-7 An investment will pay $16,600 at the end of each year for eight years and a one-time payment of $166,000 at the end of the eighth year. (FV of $1. PV of $1. EVA of $1. and PVA of S1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 8% annual interest rate. (Round your answer to the nearest whole dollar) Propont value of investment

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