Present and future value tables of 1 at 11% are presented below 7 2. 3 PV of $1 0.90090 0.81162 0.73119 0.65873 0.59345 0.53464 FV of $a 1.11eee 1.23210 1.36763 1.51887 1.68506 1.87041 PVA of $1 FVA of $1 0.90090 1.0000 1.71252 2.1100 2.44371 3.3421 3.10245 4.7997 3.69590 6.2278 4.23054 7.9129 4 5 6 Polo Publishers purchased a multi-color offset press with terms of $35,000 to be paid at the date of purchase, and a noninterest beaning note requiring payment of $20,000 at the end of each year for two years. The interest rate implicit in the purchase contract is 15% Polo would record the asset at: Multiple Choice $34,250.