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You invest $2,300 today and expect to sell your investment for $4,600 in 10 years. 0-1. Calculate the present value of the future payoff, if

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You invest $2,300 today and expect to sell your investment for $4,600 in 10 years. 0-1. Calculate the present value of the future payoff, if the interest rate is 7%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) -2. Is this a good deal? b-1. Calculate the present value, if the interest rate is 11%. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b-2. Is this a good deal? a-2 Present value Is this a good deal? Present value Is this a good deal? b-1. 16.2

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