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Present value (with ehanging ywara), When they are first bora, Grandma gives each of her grandehildren a $2,500 savings bond that matures in 18 years.

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Present value (with ehanging ywara), When they are first bora, Grandma gives each of her grandehildren a $2,500 savings bond that matures in 18 years. For each of the following grandchildren. what is the present value of each savings bonds if the current discount rate is 4% ? a. Seth turned sixteen years old today, b. Shawa turned thirteen years old today. c. Sherry turned nine years old today d. Shela turned four years old today. 6. Shane was fust born. a. Seth just tumed soteen years oid today and the curtent discount fate is 4 W. What is the present value of his savings bond? (Round to the neacest oont.) b. Shawn just turned thisteen years old today and the eurrent discourt rate is 4%. What is the present value of his savings bond? (Round to the neareet cont.) e. Shary fust tuned nine years old today and the carrent discount rate is 4%. What is the present valus of her savinga bond? (Round to the nearest cent.) d. Shein juat turned four yoars old loday and the curen discount rate is 4%. What is the present vilue of her smings bond? (Round to the nearest cent) e. Shane was just bort and the current disesunt eate 64%. What is the presert value of his sarngs bond? (fiound to the nearest cant) Interest rates or discount rates. Fill in the interest rates for the following table, , using one of the three methods below: a. Use the interest rate formula, r=(PVFV)n11. b. Use the TVM keys from a calculator. c. Use the TVM function in a spreadsheet

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