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7.69 points What is the present value of the following? Use Appendbx B as an approximate answer, but calculate your final answer using the formula

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7.69 points What is the present value of the following? Use Appendbx B as an approximate answer, but calculate your final answer using the formula and financial calculator meth a. $7,900 in 10 years at 11 percent? (Do not round intermediate calculations. Round your final answer to 2 deemal places.) esent value b. $16,600 in 5 years at 9 percent? (Do not round intermediate calculations Round your finai answer to 2 decimal places.) esent value o. $26,000 in 14 years at 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places) Present value

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