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Problem 5-6 Calculating Annulty Values [LO 1] For each of the following annuities, calculate the present value. Note: Do not round Intermediate calculations and

Problem 5-6 Calculating Annulty Values [LO 1] For each of the following annuities, calculate the present value. Note: Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Present Value Annuity Payment Years Interest Rate $ 1,850 7 6% $ 1,235 9 5 $ 11,205 14 7 $ 29,400 22 9

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