Use the present value tables in Appendix A and to compute the NPV of each of the following cash inflows: Required: a. $22,750 received at the end of 15 years. The discount rate is 5 percent. b. $6,500 received at the end of four years and $14,950 received at the end of eight years. The discount rate is 7 percent. c. $1,370 received annually at the end of each of the next seven years. The discount rate is 3 percent. d. $60,500 received annually at the end of each of the next three years and $85,500 received at the end of the fourth year. The discount rate is 6 percent. Note: For all requirements, round discount factor(s) to 3 decimal places, all other intermediate calculations and final answers to the nearest whole dollar amount. Present Value of $1 \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Periods & 10% & 11% & 12% & 13% & 14% & 15% & 20% \\ \hline 1 & 0.909 & 0.901 & 0.893 & 0.885 & 0.877 & 0.870 & 0.833 \\ \hline 2 & 0.826 & 0.812 & 0.797 & 0.783 & 0.769 & 0.756 & 0.694 \\ \hline 3 & 0.751 & 0.731 & 0.712 & 0.693 & 0.675 & 0.658 & 0.579 \\ \hline 4 & 0.683 & 0.659 & 0.636 & 0.613 & 0.592 & 0.572 & 0.482 \\ \hline 5 & 0.621 & 0.593 & 0.567 & 0.543 & 0.519 & 0.497 & 0.402 \\ \hline 6 & 0.564 & 0.535 & 0.507 & 0.480 & 0.456 & 0.432 & 0.335 \\ \hline 7 & 0.513 & 0.482 & 0.452 & 0.425 & 0.400 & 0.376 & 0.279 \\ \hline 8 & 0.467 & 0.434 & 0.404 & 0.376 & 0.351 & 0.327 & 0.233 \\ \hline 9 & 0.424 & 0.391 & 0.361 & 0.333 & 0.308 & 0.284 & 0.194 \\ \hline 10 & 0.386 & 0.352 & 0.322 & 0.295 & 0.270 & 0.247 & 0.162 \\ \hline 11 & 0.350 & 0.317 & 0.287 & 0.261 & 0.237 & 0.215 & 0.135 \\ \hline 12 & 0.319 & 0.286 & 0.257 & 0.231 & 0.208 & 0.187 & 0.112 \\ \hline 13 & 0.290 & 0.258 & 0.229 & 0.204 & 0.182 & 0.163 & 0.093 \\ \hline 14 & 0.263 & 0.232 & 0.205 & 0.181 & 0.160 & 0.141 & 0.078 \\ \hline 15 & 0.239 & 0.209 & 0.183 & 0.160 & 0.140 & 0.123 & 0.065 \\ \hline 16 & 0.218 & 0.188 & 0.163 & 0.141 & 0.123 & 0.107 & 0.054 \\ \hline 17 & 0.198 & 0.170 & 0.146 & 0.125 & 0.108 & 0.093 & 0.045 \\ \hline 18 & 0.180 & 0.153 & 0.130 & 0.111 & 0.095 & 0.081 & 0.038 \\ \hline 19 & 0.164 & 0.138 & 0.116 & 0.098 & 0.083 & 0.070 & 0.031 \\ \hline 20 & 0.149 & 0.124 & 0.104 & 0.087 & 0.073 & 0.061 & 0.026 \\ \hline \end{tabular} Present Value of Annuity of $1