Ted Roberts has been offered the following future payments n years from today. If his opportunity cost is i, compounded annually, what value would he place on each opportunity? Round your answer to the nearest cent Future Value ($) Interest Rate (%) Years Present Value

($) 8,100 6% 11 years

5,500 7% 27 years

6,700 15% 30 years

2,600 11% 19 years