Use a 5 percent discount rate to compute the NPV of each of the following series of cash receipts and payments. Use Appendix Aand Appendix B.

a. $7,400 received now (year 0), $1,930 paid in year 3, and $5,400 paid in year 5. b. $10,700 paid now (year 0), $13,100 paid in year 2, and $32,100 received in year 8. c. $27,000 received now (year 0), $16,900 paid in year 2, and $9,850 paid in year 8. (Round discount factor(s) to 3 decimal places, and intermediate calculations to the nearest whole dollar amount. Cash outflows should be indicated by a negative sign.)