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Exercise 5-9 (Static) Present value; annuities (LO5-8) Assuming a 12% annual interest rate, determine the present value of a five period annual annuity of $5,000
Exercise 5-9 (Static) Present value; annuities (LO5-8) Assuming a 12% annual interest rate, determine the present value of a five period annual annuity of $5,000 under each of the following situations: (Vor $1. PV of $1. IVA of S1, PVA OLSU, EVAD OLSI and PVAD S1) (Use appropriate foctor(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 Required 3 The first payment is receved on December 31, 2022, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) PVA of $1 Table or calculator function Payment $ 5,000 5 12% n- PV - 12/31/2021 Required Required 2 > Exercise 5-9 (Static) Present value; annuities (L05-8) Assuming a 12% annual interest rate, determine the present value of a five-period annual annulty of $5,000 under each of the following situations (EV OLS1. PV of $1. EVA $1. PVA $1. EVAD of Si and PVAD 01:51) (Use appropriate foctor(s) from the tables provided.) 1. The first payment is recelved at the end of the first year, and Interest is compounded annually 2. The first payment is recelved 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, 2021, and interest is compounded annually. (Round your final answers to nearest whole dollar amount) Table or calculator function PVA $1 Payment n PV - 12/31/2021 Required 3 >
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