Score: 0 of 1 pt 3 of 20 (11 complete) Problem 5-4 (similar to) Present value) What is the present value of the following future amounts? a. $700 to be receved 10 years from now discounted back to the present at 11 percent b. $300 to be received 8 years from now discounted back to the present at 8 percent c. $1,050 to be received 12 years trom now discounted back to the present at 5 percent d. $1,050 to be received 4 years from now discounted back to the present at 17 percent a. What is the present value of $700 to be received 10 years from now discounted back to the present at 11 percent? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer parts remaining 2 3 4 5 6