The present value of $230,000 to be received in five years at an interest rate of 16%, compounded annually, is $109,503. Required: Using a present value table (Table 6-4 and Table 6-5), calculate the present value of $230,000 for each of the following items (parts a -f) 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 received in three years. f. The cash will be received in seven years