Using a present value table $($Table $6-4$ and Table $6-5),$ calculate the present value for the following:

Note: Use the appropriate value$($s$)$ from the tables provided and final answers to the nearest whole dollar.

Required:

A car down payment of $$9,700$ that will be required in two years, assuming an interest rate of $14\%.$

A lottery prize of $$20\mathrm{.}8$ million to be paid at the rate of $$1,040,000$ per year for $20$ years, assuming an interest rate of $14\%.$

The same annual amount as in part b$,$ but assuming an interest rate of $18\%.$

A financing lease obligation that calls for the payment of $$31,000$ per year for $10$ years, assuming a discount rate of $10\%.$