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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

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

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