Question: 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

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.): Future Amount = n = Present Value 1. $ 27,000 8% 13 2. $ 21,000 9% 16 3. $ 32,000 12% 30 4. $ 47,000 10% 12

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