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Problem 5-6 Calculating Annuity Values (LO 1) For each of the following annuities, calculate the present value. (Do not round Intermediate calculations and round your

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Problem 5-6 Calculating Annuity Values (LO 1) For each of the following annuities, calculate the present value. (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Annuity Payment $ 1,560 $ 1,280 $ 20,000 $ 53,200 Interest Rate 5% 10 7 9 8 14 18 28

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