Use the present value tables in Appendix A and Appendix B to compute the NPV of each of the following cash inflows:

Required:

a$.$ $$20,500$ received at the end of $15$ years. The discount rate is $3$ percent.

b$.$ $$7,620$ received at the end of four years and $$16,000$ received at the end of eight years. The discount rate is $5$ percent.

c$.$ $$1,920$ received annually at the end of each of the next seven years. The discount rate is $8$ percent.

d$.$ $$59,000$ received annually at the end of each of the next three years and $$67,250$ received at the end of the fourth year. The

discount rate is $4$ percent.

Note: For all requirements, round discount factor$($s$)$ to $3$ decimal places, all other intermediate calculations and final answers to

the nearest whole dollar amount.

Answer is complete but not entirely correct.