Chapter 5 HW 0 Saved 2 Using the appropriate present value table and assuming a 12% annual interest rate, determine the present value on Decemb 2018, of a five-period annual annuity of $7100 under each of the following situations: (FV of $1. PV of $1. FVA of $1. PVA of $1. $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. 12.5 points 01:46:54 Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Print References 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 3% 12 55% $ Deposit 7,100 7100 7,100 7,100 7,100 12/31/2021 12/31/2022 12/31/2023 $