3 of 16 (0 complete core: 0 of 4 pts roblem 5-4 (similar to) Present value) What is the present value of the following future amounts? a. $700 to be received 9 years from now discounted back to the present at 9 percent b. $300 to be received 6 years from now discounted back to the present at 7 percent c. $1,000 to be received 11 years from now discounted back to the present at 5 percent. d. $1,250 to be received 5 years from now discounted back to the present at 17 percent. a. What is the present value of $700 to be received 9 years from now discounted back to the present at 9 percent? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer Clear All 8 2 4 6