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Saved For each of the following situations involving annuities, solve for the unknown. Assume that interest is compounded annually and that all annuity amounts are
Saved For each of the following situations involving annuities, solve for the unknown. Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (i = interest rate, and n= number of years) (EV of $1. PV of $1. EVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.) n = Present Value 8% 5 1 4 Annuity Amount $ 4,600 90,000 80,000 106,975 2. 10% 298,092 589,335 630,000 185,000 3 10 4. 10% 4 5
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