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.

$03$:$16$:$16$

Required:

a$.$ A car down payment of $$10,000$ that will be required in two years, assuming an interest rate of $10\%.$

b$.$ A lottery prize of $$22\mathrm{.}0$ million to be paid at the rate of $$1,100,000$ per year for $20$ years, assuming an interest rate of $10\%.$

c$.$ The same annual amount as in part b$,$ but assuming an interest rate of $14\%.$

d$.$ A financing lease obligation that calls for the payment of $$34,000$ per year for $10$ years, assuming a discount rate of $8\%.$

a$.$ Present value

b$.$ Present value

c$.$ Present value

d$.$ Present value