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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.$8,300 in 10 years at 9 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
b.$17,000 in 5 years at 8 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
c.$26,700 in 14 years at 7 percent?(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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