a. Compute the present value for the following:

1. $5,000 to be received in 5 years, interest rate is 8% compounded annually

2. $5,000 to be received in 5 years, interest rate is 8% compounded semi-annually

3. $25,000 to be received in 8 year, interest rate is 5% compounded annually

4. $25,000 to be received in 10 years, interest rate is 12% compounded semi-annually

5. $25,000 to be received in 10 years, interest rate is 16% compounded quarterly

6. $10,000 to be received each year for 10 years with annual interest rate of 5%

7. $50,000 to be received each year for 5 years with interest rate of 6% paid semi-annually

8. $50,000 to be received each year for 10 years with interest rate of 7% paid annually

9. $100,000 to be received in two equal payments each year for 10 year with interest rate of 8% paid semi-annually