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What is the present value of the following? UseAppendix Bas an approximate answer, but calculate your final answer using the formula and financial calculator methods.
What is the present value of the following? UseAppendix Bas an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a.$7,800 in 6 years at 10 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
b.$16,500 in 3 years at 7 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
c.$25,700 in 9 years at 8 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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