On January -M-2 M.3 interest of 12% compounded semiannually? Present Value Computations Using the present value tables, solve the following. Required: 1. What is the present value on January 1, 2016, of $30,000 due on January 1, 2020, and discounted at 10% compounded annually 2. What is the present value on January 1, 2016, of $40,000 due on January 1, 2020, and discounted at 11% compounded semiannually? 3. What is the present value on January 1, 2016, of $50,000 due on January 1, 2020, and discounted at 16 compounded quarterly? 1-3 Future Value Computations Using the future values tables, solve the following