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Appendix B What is the present value of the following? use as an approximate answer, but calculate your final answer using the forrnula and financial

Appendix B

What is the present value of the following? use as an approximate answer, but calculate your final answer using the forrnula and financial calculator methods. a. $8,000 in 13 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value b. $18,000 in 7 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value c. $27 in 18 years at 10 percent? (DO not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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