What is a present value of the following future amounts? a. ( 5 pts.) $700 to be received 10 years from now discounted back to the present at 11 percent b. (5 pts.) $400 to be received 7 years from now discounted back to the present at 7 percent c. ( 5 pts.) $1,100 to be received 13 years from now discounted back to the present at 5 percent d. ( 5 pts.) $1,050 to be received 6 years from now discounted back to the present at 18 percent