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The present value of $140,000 to be recelved in five years at an interest rate of 16%, compounded annually, is $66,654. Required: Using a present

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The present value of $140,000 to be recelved in five years at an interest rate of 16%, compounded annually, is $66,654. Required: Using a present value table (Table 6.4 and Table 6-5), calculate the present value of $140,000 for each of the following items (parts af) using these facts: Note: Use the appropriate value(s) from the tables provided. Round your PV factors to 4 decimal places and final answers to the nearest whole dollar. a. Interest is compounded semiannually. b. Interest is compounded quarterly. c. A discount rate of 12% is used. d. A discount rate of 20% is used. e. The cash will be recelved in three years. f. The cash will be recelved in seven years

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