Question: Exercise 5-4 (Algo) Present value; multiple, unequal amounts (LO5-3] Determine the combined present value as of December 31, 2021, of the following four payments to

Exercise 5-4 (Algo) Present value; multiple, unequal amounts (LO5-3] Determine the

Exercise 5-4 (Algo) Present value; multiple, unequal amounts (LO5-3] Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (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.) Payment $ 6,750 7,575 9,400 10,925 Year Received 2022 2023 2025 2027 Year Received n = Payment Present Value 2022 8% $ 2023 8% 6,750 7,575 9,400 2025 8% 2027 8% 10,925 Total

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