1. If the five-year present value annuity factor is 3.60478 and four-year present value annuity factor is 3.03735 what is the present value at the $1 received at the end of five years? a. $0.63552b. $1.76233c. $0.56743d. None of the above2. What is the present value annuity factor at a discount rate of 11% for 8 years? a. 5.7122b. 11.8594c. 5.1461d. None of the above3. What is the present value annuity factor at an interest rate of 9% for 6 years? a. 7.5233b. 4.4859c. 1.6771d. None of the above4. What is the present value of $1000 per year annuity for five years at an interest rate of 12%? a. $6352.85b. $3604.78c. $567.43d. None of the above