Investment

x

offers to pay you

$7,700

per year for 9 years, whereas Investment

Y

offers to pay you

$10,600

per year for 5 years.\ 0. If the discount rate is 7 percent, what is the present value of these cash flows?\ Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216.\ b. If the discount rate is 21 percent, what is the present value of these cash flows?\ Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216 .\ \\\\table[[a. Present value of Investment

x

at 7 percent,],[Present value of Investment

Y

at 7 percent,],[b. Present value of Investment

x

at 21 percent,],[Present value of Investment

Y

at 21 percent,]]

Investment X offers to pay you $7,700 per year for 9 years, whereas Investment Y offers to pay you $10,600 per year for 5 years. o. If the discount rate is 7 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216 . b. If the discount rate is 21 percent, what is the present value of these cash flows? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216