An acquaintance of yours owes you $1,200, but only has $900 to pay you now. He says he can either give you the $900 now in full settlement of the debt, or he can give you $1,200 one year from now. If you would let him keep the money for two years, though, he would give you $1,300 at that point. You have a savings account that earns 13% interest. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor from the PV tables.) a. What is the present value of the payment now? Present Value b. What is the present value of the payment a year from now? (Round your answer to 2 decimal places.) Present Value c. What is the present value of the payment two years from now? (Round your answer to 2 decimal places.) Present Value