Question: Exercise 5-3 (Algo) Present value; single amounts [LO5-3] Determine the present value of the following single amounts (EV of $1, PV of $1. EVA of

Exercise 5-3 (Algo) Present value; single amounts [LO5-3] Determine the present value of the following single amounts (EV of $1, PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.): Future Amount Answer is complete but not entirely correct. Present n = Value 1 S 23,000 4% 15 $ 12,650 2 S 17,000 8% 12 $ 6,800 3 S 28,000 12% 24 S 1,500 4 S 43,000 10% 8 $ 20,210 1 nts Exercise 5-1 (Algo) Future value; single amount [LO5-2] Determine the future value of the following single amounts (EV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) (Round your final answers to nearest whole dollar amount.): Answer is complete but not entirely correct. Invested Amount 1= Future Value 1. $ 11,500 7% 15 $ 31,740 2 $ 15,000 6% 14 $ 33,900 3. $ 28,000 12% 14 $ 136,920 4. $ 48,000 8% 6 $ 76,320 Exercise 5-5 (Algo) Solving for unknowns; single amounts [LO5-4] For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (/= Interest rate, and n number of years) (EV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Answer is complete but not entirely correct. Present Value Future Value n 1. S 39,780 $ 78,000 12.0% 6 2 S 29,002 S 92,000 14.0% 15 3 19,084 $ 49,500 10.0% 10 4. $ 51,349 S 195,000 19.0% 14 5. S 28,012 $ 86,837 12.0% 10

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