Exercise A3-17 (Algorithmic) Present Values Use Present Value Tables or your calculator to complete the requirements below. Required: a. Determine the present value of a single $13,800 cash flow in 7 years if the interest (discount) rate is 8% per year. Round your answer to the nearest cent, if rounding is required. b. Determine the number of periods for which $5,820 must be invested at an annual interest (discount) rate of 7% to produce an investment balance of $10,000. Round your answer to the nearest whole number of periods, if rounding is required. periods c. Determine the size of the annual cash flow for a 25-year annuity with a present value of $49,113 and an annual interest rate of 9%. One payment is made at the end of each year. Round your answer to the nearest cent, if rounding is required. d. Determine the annual interest rate at which an investment of $2,542 will provide for a single $4,000 cash flow in 4 years. Round your answer to the nearest whole percentage rate (for example, 10.8% rounds to 11%). % e. Determine the annual interest rate earned by an annuity that costs $17,119 and provides 15 payments of $2,000 each, one at the end of each of the next 15 years. Round your answer to the nearest whole percentage rate (for example, 10.8% rounds to 11%). % Check My Work