An investment will pay $50 at the end of each of the next 3 years, $200 at the end of Year 4,$300 at the enc of Year 5 , and $500 at the end of Year 6 . If other investments of equal risk earn 12% annually, what is its present value? Its future value? Do not round intermediate calculations. Round your answers to the nearest cent. Present value: $ Future value: $ Simon recently received a credit card with a 12% nominal interest rate. With the card, he purchased an App iphone 11 for $800. The minimum payment on the card is only $10 per month. a. If Simon makes the minimum monthly payment and makes no other charges, how many months will it be before he pays off the card? Do not round intermediate calculations. Round your answer to the nearest whole number. month(s) b. If Simon makes monthly payments of $35, how many months will it be before he pays off the debt? Do not round intermediate calculations. Round your answer to the nearest whole number. month(s) c. How much more in total payments will Simon make under the $10-a-month plan than under the $35-amonth plan? Do not round intermediate calculations. Round your answer to the nearest cent