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Exercise 5-3 (Algo) Present value; single amounts (LO5-3] Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of
Exercise 5-3 (Algo) Present value; single amounts (LO5-3] Determine the present 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.): Present Value | 1. 2. 3. | 4. Future Amount $ 38,000 $ 32,000 $ 43,000 $ 58,000 i = 9% 7% 12% 10% n= 16 18 24 7
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