Present Value Computations Assuming that money is worth 10%, compute the present value of: Note: Round answers to the nearest whole number, if applicable. 1. $16,000 received 15 years from today. $ 3,830 2. The right to inherit $4,500,000 14 years from now. 3. The right to receive $12,000 at the end of each of the next six years. x 4. The obligation to pay $11,000 at the end of each of the next 10 years. 5. The right to receive $20,000 at the end of the 7th, 8th, 9th, and 10th years from today. x Check