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Present value ( with changing years ) . When they are first born, Grandma gives each of her grandchildren a $ 4 , 0 0
Present value with changing years When they are first born, Grandma gives each of her grandchildren a $ savings bond that matures in years. For each of the following grandchildren, what is the present value of each savings bonds if the current discount rate is
a Seth turned sixteen years old today.
b Shawn turned thirteen years old today.
c Sherry turned eight years old today.
d Sheila turned three years old today.
e Shane was just born.
a Seth just turned sixteen years old today and the current discount rate is What is the present value of his savings bond?
$ Round to the nearest cent.
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