Use the discount table in Table $2\mathrm{.}4$ page $30$ to answer the following questions:

C$.$ What is the present value of $10$ payments made at the end of each year in the

amount $$1000$ if the discount rate is $6\%?$

D$.$ Your financial advisor tells you that you can afford to pay $$15,000$ per year at

the end of each year for $15$ years on a loan you take out this year. If banks are

willing to structure this as an ordinary annuity at $4\%$ interest, how much

money can you borrow today?Partial Discount Table

$\backslash$table$[[$Period$,1\%,2\%,3\%,4\%,5\%,6\%,7\%,8\%,9\%,10\%,11\%$