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What is the present value of $ 1 5 , 0 0 0 received a . 1 4 years from today when the interest rate

What is the present value of $15,000 received
a.14 years from today when the interest rate is 8% per year?
b.28 years from today when the interest rate is 16% per year?
c.7 years from today when the interest rate is 4% per year?
a. What is the present value of $15,000 received 14 years from today when the interest rate is 8% per year?
The present value of $15,000 received 14 years from today when the interest rate is 8% per year is $
(Round to the nearest cent)
b. What is the present value of $15,000 received 28 years from today when the interest rate is 16% per year?
The present value of $15,000 received 28 years from today when the interest rate is 16% per year is $
(Round to the nearest cent.)
c. What is the present value of $15,000 received 7 years from today when the interest rate is 4% per year?
The present value of $15,000 received 7 years from today when the interest rate is 4% per year is $
(Round to the nearest cent.)
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