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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. $8,300 in 13 years at 5 percent?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Present value
b. $18,600 in 3 years at 6 percent?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Present value
c. $28,100 in 9 years at 8 percent?
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Present value
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