What would be more valuable, receiving $700 today or receiving $850 in three years if interest rates are 8 percent? O receiving $850 future O receiving $700 today What is the value in year 3 of a $2.500 cash flow made in year 5 if interest rates are 8 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value in year 3 How many years (and months) will it take $2 million to grow to $4.60 million with an annual interest rate of 7 percent? (Do not round intermediate calculations. Round "months" to 1 decimal place.) Period years 1 months