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What is the present value of $12,450 to be received 2 years from today if the discount rate is 6 percent? Multiple Choice $11,745.28 5

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What is the present value of $12,450 to be received 2 years from today if the discount rate is 6 percent? Multiple Choice $11,745.28 5 $7,470.00 $11,080.46 $10.673.87 $9.839.42 You need to have $25,000 for a down payment on a house 7 in years. If you can earn an annual interest rate of 4.3 percent, how much will you have to deposit today? Multiple Choice $17,851.12 $18,618.72 $17,649.04 $18,005.74 $14.46252 You want to have $77,000 in 18 years to help your child attend college. If you can earn an annual interest rate of 3.3 percent, how much will you have to deposit today? Multiple Choice $39,349.42 $37,35748 $41,551.30 O $24.716.07 $42.92249

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