Exercise $26\mathrm{.}4($Algo$)$ Discounting Cash Flows $($LO$26-3)$

Using the tables in Exhibits $26-3$ and $26-4,$ determine the present value of the following cash flows, discounted at an annual rate of $15$ percent:

Note: Round $"$PV factors" to $3$ decimal places. Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.

Required:

a$.$ $$11,200$ to be received $20$ years from today.

b$.$ $$18,000$ to be received annually for $10$ years.

c$.$ $$13,300$ to be received annually for five years, with an additional $$12,000$ salvage value expected at the end of the fifth year.

d$.$ $$33,000$ to be received annually for the first three years, followed by $$20,000$ received annually for the next two years $($total of five years in which cash is received$).$

$\backslash$table$[[,$Present Value$],[$Transaction a$,],[$Transaction b$,],[$Transaction c$,],[$Transaction d$,]]$