Present Value Computations

Assuming that money is worth $10\%,$ compute the present value of:

$1.$ $$10,000$ received $15$ years from today.

$Answer $1$

$2.$ The right to inherit $$3,000,00014$ years from now.

$Answer $2$

$3.$ The right to receive $$6,000$ at the end of each of the next six years.

$Answer $3$

$4.$ The obligation to pay $$5,000$ at the end of each of the next $10$ years.

$Answer $4$

$5.$ The right to receive $$14,000$ at the end of the $7$th$,8$th$,9$th$,$ and $10$th years from today.