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How much would you have to invest today to receive the following? Use Appendix B and Appendix D for an approximate answer, but calculate your

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

  1. $12,250 in 6 years at 10 percent.

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

  1. $16,000 in 14 years at 12 percent.

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

  1. $6,000 each year for 13 years at 9 percent.

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

  1. $42,000 each year for 25 years at 6 percent.

Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

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