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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
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.): Future Amount i= n = Present Value 1. $ 33,000 4% 10 2. $ 27,000 5% 18 3. $ 38,000 12% 20 4. $ 53,000 12% 12
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