To Save & Exit Subm m A company must repay the bank a single payment of $37,000 cash in 5 years for a loan it entered into. The loan is at 6% interest compounded annually. The present value of 1 (single sum) at 6% for 5 years is .7473. The present value of an annuity (series of payments) at 6% for 5 years is 4.2124. The present value of the loan (rounded) is: . 06:50 Saved 28 $27650. 06:40 eBook $155,859. $37000. MC