Present value (with changing interest rates). Marty has been offered an injury settlement of $14,000 payable in 3 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 4%. (The opportunity cost is the interest rate in this problem.) What if the opportunity cost is 7.5%? What if it is 10%? If Marty's opportunity cost is 4%, what is the present value of the injury settlement? $ (Round to the nearest cent.)