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You will receive $8,000 three years from now. The discount rate is 8 percent a. What is the value of your investment two years from

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You will receive $8,000 three years from now. The discount rate is 8 percent a. What is the value of your investment two years from now? Multiply $8,000 (108) or divide by 10 tone year's discount at 8 percent). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of investment $ 7,407,41 13 b. What is the value of your investment one year from now? Multiply your answer to part a by(1108). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of investment 6,858.71 c. What is the value of your investment today? Multiply your answer to part bby (1108). (Do not round Intermediate calculations Round your answer to 2 decimal places.) Value of investment d. Use the formula Pv - FV (1/(1+1)") to find the present value of $7,800 received three years from now at 8 percent interest. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Present value

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