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please answer all the parts asap 1. Assuming the interest rate is 12%, what is the present value of a $1,500 payment you will receive

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1. Assuming the interest rate is 12%, what is the present value of a $1,500 payment you will receive in: a) 2 years? PV factor (12%, 2years) = 0.7972 b.) 5 years? PV factor (12%,5years) = 0.5674 c.) 10 years? PV factor (129,10 years) = 0.3220

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