Find the present value of $4,700 under each of the following rates and periods: (Round your final answer to the nearest penny.) a. 8.9 percent compounded monthly for five years.

Present value

$

b. 6.6 percent compounded quarterly for eight years.

Present value

$

c. 4.3 percent compounded daily for four years.

Present value

$

d. 5.7 percent compounded continuously for three years.

Present value

$