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QUESTION 13 What is the present value (PV) of $100 received 6 years from now, assuming the interest rate is 8% per year? Note: Express

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QUESTION 13 "What is the present value (PV) of $100 received 6 years from now, assuming the interest rate is 8% per year? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer." 63.0170 QUESTION 14 "If $500000 is invested in a certain business at the start of the year, the investor will receive $130000 at the end of each of the next 5 years. What is the present value of this business opportunity if the interest rate is 5% per year?Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer." 62831.9672 QUESTION 15 "Joe just inherited the family business, and having no desire to run the family business, he has decided to sell it to an entrepreneur. In exchange for the family business, Joe has been offered an immediate payment of $100000. Joe will also receive payments of $10000 in one year, $10000 in two years, and $10000 in three years. The current market rate of interest for Joe is 10%. In terms of present value (PV), how much will Joe receive for selling the family business?Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an

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