E. Your friend has a trust fund that will pay her the following amounts at the given interest rate for the given number of years. Calculate the current (present) value of your friends trust fund payments.

\begin{tabular}{|c|c|c|c|} \hline AmountofYearlyReceipt & Rate & Time & Current Value \\ \hline $7,400 & 8% & 6 years & ? \\ \hline $12,000 & 12% & 8 years & ? \\ \hline $15,500 & 15% & 10 years & ? \\ \hline $27,500 & 18% & 20 years & ? \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline AmountofYearlyReceipt & Rate & Time & Current Value \\ \hline $7,400 & 8% & 6 years & ? \\ \hline $12,000 & 12% & 8 years & ? \\ \hline $15,500 & 15% & 10 years & ? \\ \hline $27,500 & 18% & 20 years & ? \\ \hline \end{tabular}