What are all the answers for each For the required one two a
What are all the answers for each? For the required one, two and three.
https://newconnect.mheducation.com/flow/connect.html Saved Help Save & Exit Subm 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 $5,000 under each of the following situations: (FV of $1. PV of $1. EVA of $1. PVA 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. Required 1 Required 2 Required 3 The first payment is received on December 31, 2018, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) Table or calculator function Payment PV - 12/31/2018 Required 1 Required 3 >Solution
Req 1 Table or calculator Function 3.6048 Payment 5000 n = 5 I = 12% PV - 12/31/2018 $ 18,024 Req 2 Table or calculator Function 4.0373 Payment 5000 n = 5 I = 12% PV - 12/31/2018 $ 20,187 Req 3 Deposit Date I = n = Deposit PV - 12/31/2018 12/31/2019 3% 4 $ 5,000 $ 4,442.44 =5000/(1.03)^4 12/31/2020 3% 8 5,000 $ 3,947.05 =5000/(1.03)^8 12/31/2021 3% 12 5,000 $ 3,506.90 =5000/(1.03)^12 12/31/2022 3% 16 5,000 $ 3,115.83 =5000/(1.03)^16 12/31/2023 3% 20 5,000 $ 2,768.38 =5000/(1.03)^20 $ 17,781