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Exercise 5-9 (Algo) Present value; annuities (L05-8) Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $6,800 under

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Exercise 5-9 (Algo) Present value; annuities (L05-8) Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $6,800 under each of the following situations (EV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided) 1. The first payment is received at the end of the first year, and interest is compounded annually 2. The first payment is received at the beginning of the first year, and interest is compounded annually 3. The first payment is received at the end of the first year, and interest is compounded quarterly Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The first payment is received on December 31, 2022, and interest is compounded annually. (Round your final answers to nearest whole dollar amount) Table or calculator function Payment PV 12/31/2021 Required 2 >

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