Using a present value table (Table 6-4 and Table 6-5), calculate the present value for the following: (Use the appropriate value(s) from the tables provided. Round your PV factors to 4 decimal places and final answers to the nearest whole dollar.) Required: a. A car down payment of $50,000 that will be required in six years, assuming an interest rate of 10%.

b. A lottery prize of $6 million to be paid at the rate of $300,000 per year for 20 years, assuming an interest rate of 18%.

c. The same annual amount as in part b, but assuming an interest rate of 20%.