Question: 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

Exercise 5-5 (Algo) Solving for unknowns; single
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, EVA 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.) Present Value Future Value 1. $ 64,000 12.0% 10 2 27,327 78,000 18 3. CA 17,826 $ 46,000 9.0% 50,439 $ 160,000 15 5 12,064 8.0% 11

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