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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. $8,200 in 7 years at 8 percent? (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) b. $16,000 in 3 years at 6 percent? (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Presenta c. $26,600 in 9 years at 9 percent? (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) Present value MacBook Air - 20 FY FB F FI 52 F3 2 F F4 I @ # 3 $ 4 % 5 & 7 2 6 6 8 9 0 E Q R W Y 0 U C C G H
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