What is the present value of $55,000 to be received 11 years from today, assuming an annual discount rate of 12 percent? Round your answer to 2 decimal places; for example 2345.25. Your Answer: Answer Suppose you make a one-time $12,000 investment into an account that yields a 7% annual return. If you keep the account for 12 years, what should be the account balance? Round your answer to 2 decimal places; for example 2345.25. Your