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(Present value) What is the present value of the following future amounts? a. $800 to be received 9 years from now discounted back to the

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(Present value) What is the present value of the following future amounts? a. $800 to be received 9 years from now discounted back to the present at 10 percent. b. $300 to be received 6 years from now discounted back to the present at 9 percent. c. $1,000 to be received 11 years from now discounted back to the present at 4 percent d. $1,050 to be received 6 years from now discounted back to the present at 19 percent a. What is the present value of $800 to be received 9 years from now discounted back to the present at 10 percent? (Round to the nearest cent.) b. What is the present value of $300 to be received 6 years from now discounted back to the present at 9 percent? (Round to the nearest cent.) c. What is the present value of $1,000 to be received 11 years from now discounted back to the present at 4 percent? (Round to the nearest cent.) d. What is the present value of $1,050 to be received 6 years from now discounted back to the present at 19 percent? (Round to the nearest cent.)

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