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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
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 6 years at 8 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Present value b. $16,700 in 3 years at 7 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Present value c. $26,800 in 9 years at 5 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Present value Check
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