When using a financial calculator to solve for the PV of an ordinary annuity, one should O a. clear the TVM function before entering the factors. b. set the calculator to PMT function. c. enter the interest rate first. d. set the calculator to default mode. O e. ensure the calculator is set to end mode. To find the present value (PV) of an ordinary annuity, a. the interest is compounded and then subtracted from the FV. X O b. each payment is divided by (1 + 1) O c. each payment is multiplied by (1+1)*. O d. the future value (FV) is divided by the interest rate. O e. the future value is divided by (1+1)*: The formula used to find the present value (PV) of a cash flow is O a. PV = FVN (1 + 1) N O b. pv = PVN (1 +1) N PV O C. PV = FVN (1) N O d. PV = FVN (1 + 1)(PV) N X e. PV FVN (1 + N) = To determine the interest rate for an uneven cash flow stream on a financial calculator a. the future value (FV) is entered as the sum of all payments. X b. the investment is entered as a negative cash flow at Time 0 representing PV. c. the N key is used to make the final computation. O d. the cash flows are added and then averaged to find the value for PMT. e. the same process is used as to find the present value