(Present

value)

What is the present value of the following future amounts?a.

$800

to be received

8

years from now discounted back to the present at

11

percentb.

$200

to be received

8

years from now discounted back to the present at

9

percentc.

$1,100

to be received

12

years from now discounted back to the present at

3

percentd.

$1,050

to be received

4

years from now discounted back to the present at

19

percent

a. What is the present value of

$800

to be received

8

years from now discounted back to the present at

11

percent?

$nothing

(Round to the nearest cent.)