I don't understand how to solve for this question.

Calculate the present value of the following amounts: 1. $11,000 at the end of five years at 6% 2. $11,000 a year at the end of the next five years at 6% (If using present value tables, use factor amounts rounded to three decimal places, X.XXX. Round your final answers to the nearest whole dollar.) (Click the icon to view Present Value of $1 table.) 5 (Click the icon to view Present Value of Ordinary Annuity of $1 table.) 1. The present value of $11,000 at the end of five years at 6% is $ 8,220 . 2. The present value of $11,000 at the end of the next five years at 6% is $