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(Solved): Using the appropriate present value table and assuming a \( 12 \% \) annual i ...



Using the appropriate present value table and assuming a \( 12 \% \) annual interest rate, determine the present value on Dec???????

Using the appropriate present value table and assuming a \( 12 \% \) annual interest rate, determine the present value on December 31 , 2018 , of a five-period annual annuity of \( \$ 2,900 \) under each of the following situations: (FV of \( \$ 1 \), \( P V \) of \( \$ 1 \). FVA of \( \$ 1, P V A \) of \( \$ 1 \), FVAD of \( \$ 1 \) and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) 1. The first payment is received on December 31,2019 , and interest is compounded annually. 2. The first payment is received on December 31,2018 , and interest is compounded annually. 3. The first payment is received on December 31,2019 , and interest is compounded quarterly. Complete this question by entering your answers in the tabs below. The first payment is received on December 31,2019 , and interest is compounded quarterly. (Round your final answers to nearest whole dollar amount.)


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Solution 1: Computation of present value, if first payment is received on December 31,2019 , and interest is compounded annually: PV Factor based on T
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