Assuming a 12 annual interest rate, determine the present value of a five period annual annuity of $7,700 under each of the following situations (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD of $1) (Use appropriate factor(s) from the tables provided ) The first payment is received at the end of the first year, and interest is compounded quarterly Deposit Date i n Deposit PV 12 31 2021 12 31 2022 3 4 $7,700 12 31 2023 3 8 7700 12 31 2024 3 12 7700 12 31 2025 3 16 7700 12 31 2026 3 20 7700

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Question: Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $7,700 under each of the following situations:(FV of $1,PV

Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $7,700 under each of the following situations:(FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD of $1)(Use appropriate factor(s) from the tables provided.)

The first payment is received at the end of the first year, and interest is compounded quarterly.

Deposit Date i- n= Deposit PV- 12/31/2021

12/31/2022 3 4 $7,700 ?

12/31/2023 3 8 7700 ?

12/31/2024 3 12 7700 ?

12/31/2025 3 16 7700 ?

12/31/2026 3 20 7700 ?

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