For each of the following situations, identify the correct factor to use from Tables 1 or 2 in the appendix on present value table. Also, compute the appropriate present value.

1. Annual net cash inflows of $5,000 for five years, discounted at 6 percent

2. An amount of $25,000 to be received at the end of ten years, discounted at 4 percent

3. The amount of $14,000 to be received at the end of two years, and $8,000 to be received at the end of years 4, 5, and 6, discounted at 10 percent