- HW Part2 Saved Help Save & Exit Checke Calculate the present value of the following: 6-1. Annual payment of $925 for 11 years at 4% interest (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value kipped eBook 6-2. Annual payment of $725 for 16 years at 4% interest(Do not round intermediate calculations. Round your answer to 2 decimal places.) Print Present value References 0-3. Which option would you prefer? $925 a year for 11 years $725 a year for 16 years b-1. Annual payment of $925 for 11 years at 16% interest. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Present value Chec 2-3. Which option would you prefer? $925 a year for 11 years $725 a year for 16 years b-1. Annual payment of $925 for 11 years at 16% interest. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value nces b-2. Annual payment of $725 for 16 years at 16% interest. (Do not round intermediate calculations, Round your answer to 2 decimal places.) Present value b-3. Which option would you prefer? $925 a year for 11 years $725 a year for 16 years