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Present value (with changing years). When they are first bom, Grandma gives each of her grandchildren a $4,500 sswings 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 $4,500 sswings bond that matures in 18 years. For each of the following grandchilite what is the present value of each savings bonds if the ourtent discount rato is 7% ? a. Seth tumed fineen years old today b. Shawn turned twotve years old today. c. Sherry turned nine years old today. d. Sheila turned five years old today. e. Shane was just born. a. Sech just turned fittoen yean old today and the current dacount rale is 7%. What is the present value of his savings bond? (Round to the nearnt cent)

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