Q20.

How much would you have to invest today to recelve the following? Use AppendixB and Ap pendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. $15,500 in 12 years at 11 percent. Note: Do not round Intermedlate calculations. Round your final answer to 2 decimal places. b. $20,000 in 19 years at 7 percent. Note: Do not round Intermedlate calculations. Round your final answer to 2 decimal places. c. $8,100 each year for 18 years at 15 percent. Note: Do not round Intermedlate calculations. Round your final answer to 2 decimal places. d. $56,000 each year for 25 years at 8 percent. Note: Do not round Intermedlate calculations. Round your final answer to 2 decimal places