4 For each of the following situations involving single amounts, solve for the unknown. Assume...
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4 For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i= interest rate, and n = number of years) (FV of $1, PV of $1. FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) 2.5 points Present Value 1 n 1. 7.0% Future Value S 56,000 S 70,000 S 44,000 7 17 eBook 2. $ 3. $ 12.0% Hint 18,919 11,294 50,743 12,140 4. $ S 140.000 15 Ask 5. $ 7.0% 8 Print References
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