Computation of Present Value

Using the appropriate interest table, compute the present values of the periodic amounts, shown on page 344, due at the end of the designated periods.

(a) $50,000 receivable at the end of each period for 8 periods compounded at 12%.

(b) $50,000 payments to be made at the end of each period for 16 periods at 9%.

(c) $50,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%.