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What is the present value of the following? Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial
What is the present value of the following? Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. $8,000 in 10 years at 6 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value b. $16,000 in 5 years at 12 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value e. $25,000 in 15 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) value References eBook & Resources Worksheet Difficulty Basic Leaning Objecive 09-03 The present value is based on the cu Check my work
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