Using the Present Values Tables

For each of the following situations, identify the correct factor to use from Table 1 or Table 2 in the appendix on present value tables. Also, compute the appropriate present value. Round your answers to the nearest dollar.

1. Annual net cash inflows of $10,000 for five years, discounted at 6 percent $

2. An amount of $20,000 to be received at the end of ten years, discounted at 4 percent $

3. The amount of $10,000 to be received at the end of two years, and $7,000 to be received at the end of years 4, 5, and 6, discounted at 10 percent $