How much would you have to invest today to receive the following? Use Appendix B or Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. $14,100 in 5 years at 9 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value
b. $18,000 in 19 years at 7 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present valueſ
c. $7,200 each year for 13 years at 11 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value
d. $49,000 each year for 25 years at 6 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value. Get Finance homework help today
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