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Exercise 5 - 7 ( Algo ) Solving for unknowns; single amounts [ LO 5 - 4 ] For each of the following situations involving

Exercise 5-7(Algo) Solving for unknowns; single amounts [LO5-4]
For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i = interest rate, and n = number of years)
Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)

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