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Exercise 5-4 (Static) Present value; multiple, unequal amounts [LO5-3] Determine the combined present value as of December 31, 2021, of the following four payments
Exercise 5-4 (Static) Present value; multiple, unequal amounts [LO5-3] Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1. PV of $1. FVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Payment $5,000 6,000 Year Received 2022 2023 8,000 2025 9,000 2027 Year: 2- n Received Payment Present Value 2022 8% S 5,000 2023 8% 6,000 2025 8% 8.000 2027 8% 9,000 Total
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