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Using a present value table Table 6-4 and Table 6-5), calculate the present value for the following: (Use the appropriate value(s) from the tables provided.

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Using a present value table Table 6-4 and Table 6-5), calculate the present value for the following: (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.) Required: a. A car down payment of $20,000 that will be required in five years, assuming an interest rate of 10%. Present value b. A lottery prize of $6 million to be paid at the rate of $300,000 per year for 20 years, assuming an interest rate of 16% Present value c. The same annual amount as in part b, but assuming an interest rate of 18%. Present value d. A financing lease obligation that calls for the payment of $8,000 per year for 10 years, assuming a discount rate of 16%. Prosent value

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