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Investment X offers to pay you $5,100 per year for nine years, whereas Investment Y offers to pay you $7,200 per year for five years

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Investment X offers to pay you $5,100 per year for nine years, whereas Investment Y offers to pay you $7,200 per year for five years Calculate the present value for Investments X and Y if the discount rate is 6 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment Y Calculate the present value for Investments X and Y if the discount rate is 16 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment Y

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