Exercise 24-3 Using thePresent ValuesTables

For each of the following situations, identify the correct factor to use fromTable 1orTable 2. Also, compute the appropriate present value.

1. Annualnet cash inflowsof $10,000 for five years, discounted at 6 percent $

2. An amount of $20,000 to be received at the end of ten years, discounted at 4 percent $

3. The amount of $10,000 to be received at the end of two years, and $7,000 to be received at the end of years 4, 5, and 6, discounted at 10 percent $