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 of

Exercise 5-3 (Algo) Present value; single amounts [LO5-3] Determine the present

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.) 1 = n Present Value 1 14 2. Future Amount $ 28,000 $ 22.000 $ 33,000 $ 48,000 9% 10% 12% 17 3 28 4. 11% 13

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