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Exercise 5-5 (Algo) Solving for unknowns; single amounts (L05-4] For each of the following situations involving single amounts, solve for the unknown. Assume that interest

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Exercise 5-5 (Algo) Solving for unknowns; single amounts (L05-4] For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually.(= interest rate, and n=number of years) (FV of $1. PV of $1. EVA 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 1 120% 12 2 3 Present Value Future Value $ 42,000 $ 30.626 5 55,000 $ 22,615 5 40,500 $ 41.047 $ 105,000 $ 20511 60% 4 9 5 50% 15

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