At the end of seven years, when you graduate from college, your father has promised to give you a used car that will cost $22,000. Click here to view Exhibit 11B-1. To determine the appropriate discount factor using tables. Required: What lump sum must he invest now to have the $22,000 at the end of seven years if he can invest money at ten percent? (Round discount factor to 3 decimal places, intermediate and final answer to the nearest dollar amount.) Present value what lump sum must he invest now to have the $22,000 at the end of seven years if he can invest money at twelve percent? (Round discount factor to 3 decimal places, intermediate and final answer to the nearest dollar amount.) Present value