can someone help me with #14!! please

13. (2 points) On 12-31-20, Acme entered into an agreement that required Acme to pay someone $500,000 on 12-31-32. Assume the appropriate market rate of interest for Acme was 5%. As of 12-31-20, what was the present value of Acme's obligation? As of 12-31-25, what was the present value of Acme's obligation? 14. (2 point) On 12-31-16, Austin entered into an agreement that required Austin to pay a supplier $1,000 every year on 12-31 until 2025. The agreement required Austin to make the first annual payment on 12-31-17. Assume the market rate of interest for Austin is 2%. As of 12-31-16 what was the present value of Austin's obligation