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.	$15,000 in 10 years at 14 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$

b.	$19,500 in 20 years at 15 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$

c.	$7,900 each year for 19 years at 12 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$

d.	$54,000 each year for 50 years at 10 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Present value

$ The last two answers are not 917.24 for C and 460 for D