Question: = Homework: Chapter 3 Homework Question 5, P3-10 (simila... Part 1 of 3 > HW Score: 36.36%, 4 of 11 points O Points: 0 of

= Homework: Chapter 3 Homework Question 5, P3-10 (simila... Part 1 of 3 > HW Score: 36.36%, 4 of 11 points O Points: 0 of 1 Save Present value (with changing interest rates). Marty has been offered an injury settlement of $10,000 payable in 4 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 4.5%. (The opportunity cost is the interest rate in this problem.) What if the opportunity cost is 7.5%? What if it is 11%? If Marty's opportunity cost is 4.5%, what is the present value of the injury settlement? $ (Round to the nearest cent.)
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