Exercise 5-9 (Algo) Present value; annuities [LO5-8) Using the appropriate present value table and assuming a 12% annual Interest rate, determine the present value on December 31, 2021, of a five-period annual annuty of $2900 under each of the following situations: (Ev.of $1, PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriete fector(s) from the tables provided.) ed 1. The first payment is received on December 31, 2022 and interest is compounded annually. 2. The first payment is received on December 31, 2021, and interest is compounded annually. 3. The first payment is received on December 31, 2022 and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 The first payment is received on December, 31, 2022, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) nces Table or caloulator function Payment PV-12/31/20213 Required 2 Exercise 5-9 (Algo) Present value; annuities (LO5-8] Using the appropriate present value table and assuming a 12 % annual Interest rate, determine the present value on December 31, 2021, of a five-perlod annual annulty of $2,900 under each of the following situations (EV.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.) ints Skipped 1. The first payment is receved on December 31, 2022, and interest is compounded annually. 2. The first payment is recetved on December 31, 2021, and interest is compounded annually. 3. The first payment is received on December 31, 2022, and interest is compounded quarterly eBook Complete this question by entering your answers in the tabs below. Hint Required Required 1 Required 2 Print The first payment is received on December 31, 2022, and interest is compounded quarterly. (Round your final answers to nearest whole dollar amount.) References Deposit Date i Deposit PV-12/31/2018 ns 2.000 12/31/2022 12/31/2023 2.900 12/31/2024 2.900 12/31/2025 2.900 2.900 12/31/2020 Required 2