Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Interest Rate(%) Compounded Present Value of the Annuity $5,000 every year 20 annually $ TALT 1 Present Value (Amount) of an Ordinary Annuity of $1 Periods 35 Periods 1 2 1% 0.995020.99010 0.98522 1.98510 1.97040 1.95588 2.970252.94099 2.91220 3.95050 3.90197 3.85438 4.92587 4.85343 4.78264 2% 0.98039 1.94156 2.88388 3.BOTT 4.71346 3 0.97087 1.91347 2.82861 3.71710 4.57971 0.96154 1.88609 2.77509 3.62990 4.45182 5% 6% 7% 8% 0.95238 0.94340 0.93458 0.92593 1.85941 1.83339 1.80802 1.78326 2.72325 2.67301 2.62432 257710 3.54595 3.46511 338721 331213 4.32948 4.21236 4.10020 3.99271 2 3 4 5 5 6 7 5.24214 6.00205 6 7 5.89638 5.79548 6.86207 6.72819 7.82296 7.65168 8.77906 8.56602 9.73041 9.47130 5.69719 6.59821 7.48593 8.36052 9.27218 5.60143 6,47199 7.32548 8.16224 8.98259 541719 6.23028 701969 7.78611 8.52020 5.07569 5.78637 6.46321 7.10782 7.72173 4.91732 4.76654 4.62288 5.58238 5.38929 5.20637 6 20979 5.97130 5.74664 6.80169 6.51523 6.24689 7.36009 7.02358 6.71008 6.73274 7.43533 8.1 1090 8 9 9 10 10 11 12 13 14 15 10.67703 10.36763 10.07112 9.78685 9.25262 8.76048 8.30661 11.61893 11.25508 10.90751 10.57534 9.95400 9.38507 8.86325 12.55615 12.13374 11.73153 11.34837 10.63496 9.98565 9.39357 13.4571 13.00370 12.54338 12.10625 11.29607 10 56312 9.89864 14.41662 13.8650S 13.3432312.84926 11.937941111839 10.37966 7.88687 749867 7.13896 8.38384 7.94269 7.53608 8.85268 8.35765 7.90378 9.29498 8.74547 8.24424 9.71225 9.10791 855948 11 12 13 14 15 16 16 17 18 15.33993 14.71787 14.13126 13.57771 12.56110 11.65230 10.83777 10.10590 9.44665 885137 16.25863 15.56225 14.90765 14 29187 13.1661212.16567 11 27407 10.47726 9.76.322 9.12164 17.17277 1639827 15.67256 14.99203 13.7535112.65930 11.61959 10.82760 10.059099.37189 18.0236 1722601 16.42617 15.67846 14.3210 13.13394 12.08532 11.15812 10.13560 9.60360 18.95742 104555 17.1664 16.15143 14.877471259033 12.462211140992 10.5401 9 NINIS 19 17 18 19 20 21 21 19.79 1.9 17.90014 17.011211541502 14.02916 12.82115 11.7600 10.81553 10.01680 20.7.10 19.00. 620217.65NS15.93692 14.4511213.16300 12.041585124 10.20074 21 67568 20.455821913016 18.29220 16.4161145684134857 12.10118 11.27219 10.37106 22 5627 21.24139200104118.91391 16.93554152409611.79864 12.550 114 10:5276 23.44564 22.09.16 20.71961 19.52146 1741315 15.62 206 14.09.19412.7136 11.65158 10.67478 24 20 24 25 243240222.79530211 20.1210117768415.9277 14.175191300117112578 TON