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. (i= interest rate, and n= number of years) (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.) i n 11.0% 10 1. 2. GAGA 14 Present Value Future Value $ 50,000 $ 24,433 $ 63,000 10,174 $ 42,500 $ 40,772 $ 125,000 16,836 GA 10.0% 4 13 5. $ 5.0% 11