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

For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i= interest rate, andn= number of years) (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD of $1)(Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.)

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Exercise 5-5 (Algo) Solving for unknowns; single amounts [LO5-4] 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.) Present Value Future Value n 1 S 56,000 7.0% 7 S 18,919 70,000 17 3. 11,294 S 44,000 12.0% 4 50,743 S 140,000 15 b S 12, 140 7.0%

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