K Calculate the present value of the following future cash flows, rounding all calculations to the nearest dollar: (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) $14,000 received in eight years with interest of 7% $14,000 received in each of the following eight years with interest of 7% Payments of $3,500, $5,000, and $4,500 received in years 5, 6 and 7, respectively, with interest of 14% 11. 12. 13. 11. Calculate the present value of $14,000 received in eight years with interest of 7%. (Enter any factor amounts to three decimal places, X.XXX.) X X = Present value

Calculate the present value of the following future cash flows, rounding all calculations to the nearest dollar: (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) 11. $14,000 received in eight years with interest of 7% 12. $14,000 received in each of the following eight years with interest of 7% 13. Payments of $3,500,$5,000, and $4,500 received in years 5,6 and 7 , respectively, with interest of 14%