Basic present value calculationsCalculate the present value of the following cas

Basic present value calculationsCalculate the present value of the following cash flows roundingto the nearest dollar:a. A single cash inflow of $12000 in five years discounted at a12% rate of return.b. An annual receipt of $16000 over the next 12 years discountedat a 14% rate of return.c. A single receipt of $15000 at the end of Year 1 followed by asingle receipt of $10000 at the end of Year 3. The company has a10% rate of return.d. An annual receipt of $8000 for three years followed by a singlereceipt of $10000 at the end of Year 4. The company has a 16% rateof return.