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You will receive $8,800 three years from now. The discount rate is 10 percent. a. What is the value of your investment two years from

You will receive $8,800 three years from now. The discount rate is 10 percent. a. What is the value of your investment two years from now? Multiply $8,800 x .909 (one year's discount rate at 10 percent). (Round your answer to 2 decimal places.) Value of investment b. What is the value of your investment one year from now? Multiply your rounded answer to part a by .909 (one year's discount rate at 10 percent). (Round your answer to 2 decimal places.) Value of investment c. What is the value of your investment today? Multiply your rounded answer to part b by .909 (one year's discount rate at 10 percent). (Round your answer to 2 decimal places.) Value of investment

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