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What is the present value of the following? Use AppendixB as an approximate answer, but calculate your final answer using the formula and financial calculator

image text in transcribedimage text in transcribed What is the present value of the following? Use AppendixB 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. 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 of $1,PVIF PV=FV[1/(1+i)n]

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