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.): n = 1. 2. Future Amount 37,000 $ 31,000 $ 42,000 $ 57,000 i = 8% 8% 10% 12% Present Value 18 $ 147,852 16 25 3. 4. 8 Exercise 5-5 (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) (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.) n i 4.0% 1. 8 2. 12 Present Value Future Value $ 46,000 $ 32,854 $ 59,000 $ 13,083 $ 41,500 $ 40,306 $ 115,000 $ 11,608 3. 8.0% 4. 11 5. 7.0% % 13