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 EVA of $1) Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the correct table to find the present value of these two separate annuities. Note: Round amounts to the nearest dollar. First payment Second payment Third payment Fourth payment Fifth payment Sixth payment First payment Second payment Third payment Fourth payment Number of Periods Number of Periods 1 2 3 4 5 6 1 2 3 4 First Annuity Interest Rate 7% 7% 7% 7% 7% 7% Second Annuity Interest Rate Single Future Payment 7% 7% 7% 7% 5,400 5,400 x 5,400 x 5,400 x 5,400x 5,400 x Single Future Payment S 8,100 x 8,100 x 8,100 x 8,100 x Table Factor W Present Value . Table Factor M Present Value

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