Question: A, C, and D are incorrect. I followed the same formula for all. FV=PV(1+r)^n How much would you have to invest today to receive the

A, C, and D are incorrect. I followed the same formula for all. FV=PV(1+r)^n

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. $16,000 in 6 years at 10 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value $ 7.464.12 b. $20,500 in 18 years at 7 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value $6,065.21 no answer to 2 decimal places.) Present value$ 2,297.29 d. $58,000 each year for 30 years at 10 percent. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value$ 3,323.90

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