10 Exercise B-10 (Algo) Present values of annuities LO P3 72 oints C&H Ski Club recently...

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10 Exercise B-10 (Algo) Present values of annuities LO P3 72 oints C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,300 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $7,950 each. The annual interest rate for both loans is 8% (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Book Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print References Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) First Annuity Number of Periods Interest Rate Single Future Payment Table Factor Present Value First payment 1 8% $ 5,300 Second payment 2 8% 5,300 Third payment 3 8% 5,300 Fourth payment 4 8% 5,300 Fifth payment 5 8% 5,300 Sixth payment 6 8% 5,300 Second Annuity Number of Periods Interest Rate Single Future Payment Table Factor Present Value 8% $ 7.950x First payment Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) First Annuity Number of Interest Rate Single Future " Table Factor Present Value Periods Payment 0.72 points First payment 1 8% $ 5,300x Second payment 2 8% 5,300x Third payment 3 8% 5,300 x eBook Fourth payment 4 8% 5,300 x Fifth payment 5 8% 5,300x Soth payment 6 8% 5,300x Hint Print O References Second Annuity Number of Single Future Interest Rate N Table Factor Present Value Periods Payment First payment 8% $ 7,950 Second payment 2 8% 7,950 x Third payment 3 8% 7,950 x Fourth payment 4 8% 7,950 x Required 1 Required 2 > 10 Exercise B-10 (Algo) Present values of annuities LO P3 0.72 points eBook C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,300 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $7.950 each. The annual interest rate for both loans is 8%. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) P (PV of an Periodic References Annuity First Annuity Second Annuity x Ordinary Cash Flow Annuity) x x Present Value Help Save & CH 10 Exercise B-10 (Algo) Present values of annuities LO P3 72 oints C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,300 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $7,950 each. The annual interest rate for both loans is 8% (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Book Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print References Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) First Annuity Number of Periods Interest Rate Single Future Payment Table Factor Present Value First payment 1 8% $ 5,300 Second payment 2 8% 5,300 Third payment 3 8% 5,300 Fourth payment 4 8% 5,300 Fifth payment 5 8% 5,300 Sixth payment 6 8% 5,300 Second Annuity Number of Periods Interest Rate Single Future Payment Table Factor Present Value 8% $ 7.950x First payment Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) First Annuity Number of Interest Rate Single Future " Table Factor Present Value Periods Payment 0.72 points First payment 1 8% $ 5,300x Second payment 2 8% 5,300x Third payment 3 8% 5,300 x eBook Fourth payment 4 8% 5,300 x Fifth payment 5 8% 5,300x Soth payment 6 8% 5,300x Hint Print O References Second Annuity Number of Single Future Interest Rate N Table Factor Present Value Periods Payment First payment 8% $ 7,950 Second payment 2 8% 7,950 x Third payment 3 8% 7,950 x Fourth payment 4 8% 7,950 x Required 1 Required 2 > 10 Exercise B-10 (Algo) Present values of annuities LO P3 0.72 points eBook C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,300 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $7.950 each. The annual interest rate for both loans is 8%. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Use the correct table to find the present value of these two separate annuities. (Round amounts to the nearest dollar.) P (PV of an Periodic References Annuity First Annuity Second Annuity x Ordinary Cash Flow Annuity) x x Present Value Help Save & CH