in three years, when he is discharged from the Alr Force, Steve wants to buy an $8,000 power boat. Click here to view Exhibit 14B-1 and Exhibit 14B-2; to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount must Steve Invest now to have the $8,000 at the end of three years if he can invest money at: final answer to the nearest whole dollar amount.) Present Value 1. Ten percent 2 Fourteen percent