Question: nick zarcone & 09/02/217:16 PM Homework: Chapter ... Question 4, P3-9 (similar. HW Score: 75%, 8.25 of 11 points Save Part 3 of 6 Points:

 nick zarcone & 09/02/217:16 PM Homework: Chapter ... Question 4, P3-9

nick zarcone & 09/02/217:16 PM Homework: Chapter ... Question 4, P3-9 (similar. HW Score: 75%, 8.25 of 11 points Save Part 3 of 6 Points: 0 of 1 Present value (with changing years). When they are first bom, Grandma gives each of her grandchildren a $2,000 savings bond that matures in 18 years for each of the following grandchildren what is the present value of each savings bonds if the current discount rate is 5%? a. Seth turned fifteen years old today b. Shawn turned eleven years old today c. Sherry tumed nine years old today d. Sheila turned five years old today e. Shane was just bom .. Seth just tumed fifteen years old today and the current discount rate is 5%. What is the present value of his savings bond? 5 1,727 68' (Round to the nearest cent) b. Shawn just tumed eleven years old today and the current discount eute is 5%. What is the present value of his savings bond? $ 1,421 36 (Round to the nearest cent) c. Sherry just turned nine years old today and the current dacount rato in o% What is the present awe of her savings bond? (Round to the nearest cont)

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