For each of the cases shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted.

Case

Single cash flow

Discount Rate

Years

A

$7,000

12%

4

B

$28,000

8%

20

C

$10,000

14%

12

D

$150,000

11%

6