The following are four sets of cash flows:

(a) A single $200 cash inflow at the end of year 5.

(b) A series of $100 cash inflows at the end of years |, 2,3,4,and 5.

(c) A cash inflow of $300 at the end of year 3 and a cash inflow of $400 at the end of year 5.

(d) A series of cash outflows of $60 at the end of years | through 10.

Required: Determine the present value of each of the sets of cash flows using a discount rate of 12%. lop5