Computing Present Value of Annuity Payments under Different Assumptions

Consider the following four separate investment scenarios. Compute the present value of the annuity for each of the four investment scenarios.

Note: Round final answer to the nearest whole dollar. Note: Do not use a negative sign (-) with your answers.

		Investment 1	Investment 2	Investment 3	Investment 4
	Annual interest rate	8%	6%	6%	8.4%
	Investment period (Years)	5	6	5	10
	Compounding periods	Quarterly	Annually	Semiannually	Monthly
	Payment per compounding period	$5,000	$18,000	$10,000	$1,000
	First payment	Beg. of period	End of period	End of period	Beg. of period
	Present value