Question $1$: Calculate the Present Value of the following situations. Assume a Cost of

Capital of $8\%$ in each situation $($Round all answers to the nearest cent$)$

a$)$ A one$-$off payment of $$4000$ collected in $7$ years

$PV=\frac{4000}{(1\mathrm{.}08{)}^7}$

$PV=$$$2333\mathrm{.}96$

b$)$ Assume a Cost of Capital of $8\%,$$$4000$ collected annually for $7$ years

$PV=$

c$)$ $$4000$ collected annually for $7$ years with an additional residual value of $$2000$

d$)$ $$2000$ in year $1,$$$3000$ in year $2,$$$4000$ in year $3,$$$5000$ in year $4,$$$6000$ in year $5,$

$$7000$ in year $6$ and $$8000$ in year $7$Question $1$: Calculate the Present Value of the following situations. Assume a Cost of Capital of $8\%$ in each situation $($Round all answers to the nearest cent$)$