10. Calculating Present Values (LO2) Normandin Inc. has an unfunded Page 168 pension liability of $575 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 6.8%, what is the present value of this liability? 14. Calculating Interest Rates (LO3) Solve for the unknown interest rate in each of the following: Present Value Years Interest Rate Future Value $240 4 $297 360 18 1,080 39,000 19 185,382 38,261 25 531,618 7. Calculating the Number of Periods (LO3) At 6.5% interest, how long does it take to double your money? To quadruple it? 8 Calculating Interest Rates (LO3) In 2016 the automobile industry announc