Question: a . $ 1 , 6 0 0 a year for 9 years discounted back to the present at 1 0 percent. b . $

a. $1,600 a year for 9 years discounted back to the present at 10 percent.
b. $60 a year for 4 years discounted back to the present at 7 percent.
c. $290 a year for 12 years discounted back to the present at 12 percent.
d. $580 a year for 6 years discounted back to the present at 6 percent.
a. What is the present value of $1,600 a year for 9 years discounted back to the present at 10 percent?
$ (Round to the nearest cent.)
b. What is the present value of $60 a year for 4 years discounted back to the present at 7 percent?
$ (Round to the nearest cent.)
c. What is the present value of $290 a year for 12 years discounted back to the present at 12 percent?
$,(Round to the nearest cent.)
d. What is the present value of $580 a year for 6 years discounted back to the present at 6 percent?
$,(Round to the nearest cent.)
 a. $1,600 a year for 9 years discounted back to the

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