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Investment X offers to pay you $ 6 , 1 0 0 per year for eight years, whereas Investment Y offers to pay you $

Investment X offers to pay you $6,100 per year for eight years, whereas Investment Y offers to pay you $8,200 per year for five years. Use Appendix D.(Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.)
Calculate the present value for Investment X and Y if the discount rate is 5%.
Present value
Investment X $
Investment Y $
Calculate the present value for Investment X and Y if the discount rate is 15%.
Present value
Investment X $
Investment Y $

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