# Question: Find the present value of 1 A single payment of 24 000

Find the present value of

(1) A single payment of $24,000- at 6 percent for 12 years,

(2) 12 annual payments of $2,000 at 6 percent,

(3) A single payment of $5,000 at 9 percent for five years, and

(4) 5 annual payments of $5,000 at 9 percent.

(1) A single payment of $24,000- at 6 percent for 12 years,

(2) 12 annual payments of $2,000 at 6 percent,

(3) A single payment of $5,000 at 9 percent for five years, and

(4) 5 annual payments of $5,000 at 9 percent.

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