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what is the present value of $400 invested each year for 12 years at a rate of 6%? Multiple Choice $814 $2,861 $3,354 $6,748 $9,586

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what is the present value of $400 invested each year for 12 years at a rate of 6%? Multiple Choice $814 $2,861 $3,354 $6,748 $9,586 What is the future value of $400 invested each year for 15 years at a rate of 6%? Multiple Choice $959 $6,000 $9,310 $12,310 $14,959

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