Basic present value calculations Calculate the present value of the following cash flows, rounding to the nearest dollar:

Basic present value calculations Calculate the present value of the following cash flows, rounding to the nearest dollar: a.A single cash inflow of $12,000 in five years, discounted at an 11% rate of return. b.An annual receipt of $16,000 over the next 12 years, discounted at an 11% rate of return.c.A single receipt of $15,000 at the end of Year 1 followed by a single receipt of $10,000 at the end of Year 3. The company has a 12% rate of return. d.An annual receipt of $8,000 for three years followed by a single receipt of $10,000 at the end of Year 4. The company has an 11% rate of return.