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Present value (with changing years). When they are first bom, Grandma gives each of her grandchildren a $3.000 savings bond that matures in 18 years.

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Present value (with changing years). When they are first bom, Grandma gives each of her grandchildren a $3.000 savings bond that matures in 18 years. For each of the following grandchildren, what is the present value of eam bonds if the current discount rate is 77 a. Seth turned fourteen years old today b. Shawn turned thirteen years old today e Sherry tumed eight years old today d. Shella turned four years old today e Shane was just bom a Seth just tumed fourteen years old today and the curent discount rate is 7% What is the present value of his savings bond? (Round to the nearest cent)

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