Problem 5-3 Calculating Present Values [LO2]

For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Present Value	Years	Interest Rate		Future Value
	14	8	%	$15,551
	5	14	%	52,557
	30	15	%	887,073
	35	8	%	551,164