part 1 future value = periodic interest rate = number of compounding periods = 1,000.00 0.035 32.00 "T" what is the present value (single payment)? part 2 periodic payment periodic interest rate = number of compounding periods = 32.00 0.035 32.00 What is the present value of this annuity? part 3 add part 1 and part 2 part 4 future value = periodic interest rate = number of compounding periods = 1,000.00 0.06 32.00 what is the present value (single payment)? part 5 periodic payment periodic interest rate = number of compounding periods = 40.00 0.06 32.00 What is the present value of this annuity? part 6 add part 4 and part 5