Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2018, of a five-period annual annuity of $5.600 under each of the following situations: (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. The first payment is received on December 31, 2019, and interest is compounded annually. 2. The first payment is received on December 31, 2018, and interest is compounded annually, 3. The first payment is received on December 31, 2019, and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 The first payment is received on December 31, 2019, and interest is compounded quarterly. (Round your final answers to nearest whole dollar amount.) PV - 12/31/2018 $ Deposit Date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 Deposit 5,600 5,600 5,600 5,600 5,600 $ 0