Find the present value of each one of the following cash flows.Assume that an 8% interest rate is appropriate for all discounting. Show how you would do this on your financial calculator as well as by hand.

$170,000 at the end of 5 years.

$11,200 at the end of each year forever

$11,200 at the beginning of each year forever

$6,500 at the end of the ear increasing by 4% a year forever