Question: xercise B - 1 0 ( Algo ) Present values of annuities LO P 3 C&H Ski Club recently borrowed money and agreed to pay

xercise B-10(Algo) Present values of annuities LO P3
C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,400 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,100 each. The annual interest rate for both loans is 7%.(PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.)

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