Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on December 31, 2016, of a five-period annual annuity of $5,300 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. 1st payment is rec 12/31/17 interest compounded annually

table function...?

payment....?

n=.....?

i=..........?

pv 12/31/2016

2. 1st payment is rec 12/31/2016 interest compouned annually

table function.......?

payment.......?

n=.....?

p=.......?

pv 12/31/2016

3. 1st payment is rec 12/31/2017 interest is compounded quarterly

depostit date......i=...............n=......deposit...........PV 12/31/16

12/31/17...........?..................?........5300................?

12/31/18...........?.................?.........5300...............?

12/31/19............?................?.........5300..............?

12/31/20............?..............?...........5300.............?

12/31/21...............?............?..........5300.............?

Please answer each question with ? marks..thanks

Answer rating: 100% (QA)

Salutions s Part 1 Table Function PVA of 1 Payment 5300 n 5 yearg 1... View the full answer