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Present value ( with changing years ) . When they are first born, Grandma gives each of her grandchildren a $ 5 , 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 fourteen years old today.
b Shawn turned thirteen years old today.
c Sherry turned ten years old today.
d Sheila turned five years old today.
e Shane was just born.
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