How much would you have to invest today to receive: Use Appendix B or Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a.	$16,800 in 10 years at 15 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$

b.	$21,000 in 15 years at 12 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$

c.	$8,800 each year for 20 years at 13 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$

d.	$60,000 each year for 50 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$