Question: Using the appropriate present value table and assuming a 12% annual interest rate, determine the pre value on December 31, 2016, of a five-period annual

Using the appropriate present value table and assuming a 12% annual interest rate, determine the pre value on December 31, 2016, of a five-period annual annuity of $4,700 under each of the following situations: (FV of $1. PY of $1. EVA of $1. PVA of S1. EVAD of $1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) sent 1. The first payment is received on December 31, 2017, and interest is compounded annually Table or calculator function: Payment PV- 12/31/2016

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