Question: 8. help pls!! answer a,b,c Suppose you receive $190 at the end of each year for the next three years. a. If the interest rate

8. help pls!! answer a,b,c

Suppose you receive $190 at the end of each year for the next three years. a. If the interest rate is 9%, what is the present value of these cash flows? b. What is the future value in three years of the present value you computed in (a)? How does the final bank balance compare with your answer in (b)? a. If the interest rate is 9%, what is the present value of these cash flows? The present value of these cash flows is $ (Round to the nearest cent.)

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