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For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (= interest rate, and n =

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. 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.) Present Value Future Value n 1. 66,000 11.0% 11 2. $ 44,421 $ 80,000 15 3. $ 11,637 $ 46,500 8.0% 4. $ 41,559 $ 165,000 16 5. $ 24,321 6.0% 12

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