Problem 9-2 (Algo) Present value [LO9-3] What is the present yalue of the foliowing? Use Apoendix. B ak an approximate answer, but colculate yeur final answer using the formula and financial calculator methods. a. $8.700 in 9 years at 7 percent? Note: Do not round intermediate calculations, Round your final answer to 2 decimal places. b. $17.800 in 4 years at 8 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimbl places. c. $27500 in 12 years at 11 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places