Exercise 5-3 (Algo) Present value; single amounts [LO5-3] Determine the present value of the following single amounts (FV of $1, PV of $1, FVA 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. 1. 2. 34 Future Present i= n = Amount Value 69 60 $ 40,000 6% 14 $ 34,000 7% 15 $ 45,000 12% 12 $ 60,000 10% 9 SSSS 213,881 220,099 193,194 171,402 Brief Exercise 5-9 (Algo) Present value; annuity due; installment notes [LO5-8, 5-10] Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $12,500 beginning immediately. The interest rate on the note is 9%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What amount did Canliss borrow? (Round your final answers to nearest whole dollar amount.) Answer is complete but not entirely correct. Table or calculator function: Payment: PVAD of $1 S 12,500 n = 5 = 9% Present Value: $ 48,620 x