PRESENT VALUE TABLES Q12. What is the present value of single payment of $20,000 to be paid in 5 years with an interest rate of 6% ? A $84,200 B $15,000 C. $16,400 D. $23,600 E. $16,800 Q13. What is the present value of 4 equal annual payments of $12,000 with an annual interest rate of 5% ? A. $9,840 B $14,634.15 C. $45,600 D. $42,600 E. $48,000 Q36. In a period when inventory costs are rising the FIFO method will most likely result in the highest ending inventory True False