How do I calculate the value for a., b., and c.? What would the Excel formula be?

Time valuePersonal Finance Problem Jim Nance has been offered an investment that will pay him $210 three years from today.

a.If his opportunity cost is 9% compoundedannually, what value should he place on this opportunitytoday?

b.What is the most he should pay to purchase this paymenttoday?

c. If Jim can purchase this investment for less than the amount calculated in part

(a), what does that imply about the rate of return that he will earn on theinvestment?

a.The value Jim should place on this opportunity today is $

nothing

.(Round to the nearestcent.)