Question: Problem 5-6 Calculating Annuity Values [LO 1] For each of the following annuities, calculate the present value. (Enter rounded answers as directed, but do not

Problem 5-6 Calculating Annuity Values [LO 1] For each of the following annuities, calculate the present value. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) $ Present Value Annuity Payment $ 2,400 1,400 12,580 $ 32,150 Interest Rate 5% 4 Years 7 $ 9 17 COO) 23

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