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For each requirement, change the values of the given information as shown and keep all other original data the same. Then enter your updated

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For each requirement, change the values of the given information as shown and keep all other original data the same. Then enter your updated final answers for each scenario. Scenario A: Future value to be received Future date received $ 12,500 3 years. Interest Rate 88 12% 18% Scenario B: Annual Cash Receipt Number of Years $6,250 6 years Interest Rate 8% 12% 188 Required: a. A company is expecting to receive a lump sum of money at a future date from now. Using the PV formula in Excel, what is the Present Value of that money at three different rates? (Round your answers to 2 decimal places.)

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